Property Tax Fun Facts

Property Tax Fun Facts

After a loan closes, many questions arise for homeowners, including those related to property taxes.  An important thing to remember after you close your loan is that you may be eligible for a property tax exemption or discount. You should contact your county and file for an exemption or discount as soon as possible. This can lower your tax payment and help alleviate confusion in the long run.

If you have an impounded account, Guild Mortgage will pay the secured tax payments on your behalf. We do not receive “Corrected” or “Amended” tax statements. If you ever receive one of these from your county, please call our Customer Service team as soon as possible so we can ensure the correct amount is paid from your escrow account.

Some states issue “Supplemental” or “Unsecured” tax bills. These types of bills are not provided to Guild and are the responsibility of the homeowner to pay.

If you ever receive a tax bill or notice and have questions or concerns check out our FAQs on our website. If your questions are not answered, then call our Customer Service team and we would be happy to help you!