Carrington Mortgage Services, LLC Learning Center

Property taxes play a significant role in your escrow account balance, and in turn, impact your monthly mortgage payments. Along with increases in home insurance rates, homeowners face property tax increases that can impact their escrow accounts and finances. As local tax rates and property assessments fluctuate, your property tax liability can increase over time. However, there are strategies you can employ to minimize these increases and preserve your financial stability. By taking advantage of available exemptions, budgeting and planning, homeowners can look to maximize their savings and create a more affordable homeownership experience.

Regardless of where you live, it’s important to have your home prepared for a potential natural disaster. If you experience a natural disaster, we are here to help. Please visit our Disaster Assistance page for resources available to you if you are impacted.

At Carrington, we understand how important it is to have the information you need available at the right time, and it’s our job to ensure you are aware of any situation that may affect your mortgage or online account.

While most advances in technology are exciting and make things easier, they also mean evolving scams. According to the Federal Trade Commission (FTC), the most common scams of 2022 involved identity theft and imposter scams. At Carrington, we value our partnership with you which includes safeguarding your information and keeping you informed of ways to protect your information specific to your mortgage loan.

Simplify your life and declutter your home by switching to Paperless! With Carrington’s Paperless program, you don’t need to wait for access to important account documents and statements to arrive in the mail. Instead, they’re ready for instant access on our secure website where you can view and/or download. These paperless statements contain the exact same information your paper statement would—but now immediately at your fingertips!

Getting a tax refund is exciting. You work hard for your money, and now you can have it work for you! One great way to use your tax refund is for home improvement projects. Whether you're looking to make minor repairs or major changes, there are many projects that will give you the best value from your tax refund.

Not even a year ago, you could refinance your entire mortgage to get cash out of your home’s equity while taking advantage of record low rates. The market is changing and rates are rising, but you still have options to make your home work for you. Home equity loans, also known as second mortgages, are a potential tool that can help you access some of your home’s equity, keep the rate on your existent mortgage, and still achieve your financial goals.

While the arrival of the winter season means holiday cheer abound, it also means temperatures are dropping. For many homeowners, the beginning of colder weather can mean increases in your monthly energy bill.

When you’ve got a lengthy list of bills to pay every month, it’s easy to forget one and have it fall to the wayside. With Carrington’s AutoPay feature, you can choose from a few different options that will help you stay on track with your payments each month.

Fall is officially here, and with the colors changing on the trees comes the perfect time to make the best of your late summer harvest! Here are a few tips to help you get started on your canning extravaganza, along with a few ideas on what to can: