Yes!! If you choose, please send in the shortage amount with a note requesting that the amount be applied to your escrow shortage; this must be done prior to September 15th to avoid the October 1st increase. Paying the shortage upfront will NOT reinstate your previous payment amount but will generate a reanalysis of your escrow.
Please mail any shortage payments to: McCue Mortgage PO Box 1000 New Britain, CT 06050-1000. If you want to make this payment through our Payment Advantage system or your online banking system, you MUST call our office to tell us to apply the extra funds to your escrow shortage.
Posted in: All questions are good questions!