twice a year in Ca. Or you can have an impound account setup through the mortgage acct...enough money is collected to pay the taxes twice a year thru this acct.

In Iowa, you pay taxes twice a year. Once in March and once in September. Keep in mind taxes in Iowa are paid in arrears. What this means is when you pay an installment, it's actually paying for taxes accumulated the year before.

If you have your taxes 'Escrowed' into your mortgage, you'll actually pay your taxes monthly and your mortgage company will distribute the money when it's necessary.

If you have any other questions or are unclear on what this means, don't hesitate to contact me and my team!

Thanks again!

Keep creating...clarity of your finances,

Tyler Osby
Certified Mortgage Planner
Four Legacies Mortgage
515-991-7102
tyler@tylerosbyteam.com

Check out my mortgage and real estate blog at http://www.wealthwithmortgage.com!

Good question : you can have your taxes escrowed paid with your mortgage OR depends if you "opt out" pay yearly.
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