Valued Member
Posts: 74
Registered: ‎04-24-2008
How do I get my escrowed property taxes lowered in my monthly mortgage payment?
Hello all, I just bought a home in Sept. 2008 (first time homebuyer). I was stuck with non homestead property taxes since I bought after May 1. I recently received something from the Tax assessor showing a "nice" drop in my property taxes, I am now "Homestead."  My taxes are escrowed. So what steps do I need to take so my monthly mortgage payment reflects the lower property taxes?  My mortgage is a FHA with Flagstar Bank.  I thank you in advance for your suggestions.