do you offer loans with an escrow account for tax payments.?

Question

i obtained a home loan a few years ago and escrow accounts were not available at that time.

Answer 1

Mortgage Escrow accounts have ALWAYS been available in the US. Are you talking about a home equity loan?
Why don't you simply open up a separate savings account where you can put in monthly deposits towards your property tax and insurance payments.

OR, contact the bank/institution that currently where you obtained the loan from?

Answer 2

So if you are saying that you don't currently have an escrow account as part of your mortgage and you wish you did, then I encourage you to rethink.

An escrow account with your mortgage company simply means that your monthly payment will include the usual principal and interest as well as escrow for taxes and insurance. Escrow accounts with your mortgage company are typically 0% interest. As such, when you escrow your money with your mortgage company, they get to make money off your money, but you don't get any interest for letting it sit in their hands.

If you don't have an escrow account with your mortgage company, you simply need a little discipline to put 1/12 of your property taxes and insurance into a money market account each month earning 4-5%. Then pay out of that account when the bills come. Easy! You are now self-escrowing.