Waive Escrows

Business, Legal & Accounting Glossary

Definition: Waive Escrows


Waive Escrows


Full Definition of Waive Escrows


When a lender allows the borrower to directly pay taxes and insurance. Normally, the lender adds a monthly charge to the payment deposited in an escrow account, allowing the lender to pay the borrower’s taxes and insurance.


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April 20, 2024 https://payrollheaven.com/define/waive-escrows/.
Chicago Manual of Style (CMS):
Waive Escrows. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/waive-escrows/ (accessed: April 20, 2024).
American Psychological Association (APA):
Waive Escrows. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/waive-escrows/

Definition Sources


Definitions for Waive Escrows are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 17th November, 2021 | 0 Views.