what does escrow mean in mortgage 
escrow relating to mortgages involves property tax and insurance payments this escrow account can last for the length of a mortgage loan lenders don t always require escrow however if you are required to set up an escrow account many lenders will consider a written request to end escrow after you ve made typically a year of on time mortgage payments and your loan to value is at most 90 some lenders may require 80 or lower 