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How do I add my homeowner's insurance to my escrow account?
How do I add my homeowner's insurance to my escrow account?

Steps and requirements to set up

Gregory avatar
Written by Gregory
Updated over a week ago

Requirements

You must meet each of the following requirements before we will approve your request to establish an escrow account to have your taxes and/or insurance paid:

  1. 12 months of on-time payments;

  2. Your account is current;

  3. There are with no escrow payments scheduled within the next 30 days; and

  4. Your Escrow account must have a positive balance.

Mandatory steps for escrowing homeowner's insurance:

  1. Proof that the remaining term on your current homeowner's insurance policy is no less than 6 months. Example: If you inquire on 1/15/24, the policy must be effective through at least 7/15/24.

  2. Declaration page with the mortgagee clause required by Gregory Funding.

Please note:

Once we add your insurance to the escrow account, we will process a new escrow analysis disclosure statement and begin collecting for the next renewal date.

Gregory will not pay to reinstate a lapsed policy or pay your homeowner's insurance policy premium if it is currently due.

If your account meets the above requirements, you may submit a written request to add your homeowner's insurance using one of the following methods:

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Email your request to: service@GregoryFunding.com, or

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Fax your request to: 866 712-5697, or

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Make your request via mail by writing to us at:

Gregory Funding

PO Box 230579

Tigard, OR 97281-0579

When will Gregory process my request?

Gregory will respond to your request within 30 days of receipt.

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