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Old 01-10-2008, 08:11 PM
Atlas Atlas is offline
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Join Date: Jan 2008
Posts: 1
Default Why do people choose to separate mortgage, prop tax, insurance payments?

Why do some people choose to separate their mortgage, property tax, & home insurance payments and pay all separately to the mortgage company, municipality, and insurance company instead of paying the lender (such as Countrywide) one escrow payment and letting them pay the bills separately? It seems easier to pay one bill instead of 3, and it is the same cost, so...?
Yeah the question is why, thanks for stating the obvious though.


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