Property Tax Payments Taken at All INB Locations
If there’s an INB location in your county, you can make your first and second property tax payments at that INB location. To make sure you’re in and out of the bank or drive-up as quickly as possible, do three things:
- Bring in your tax payment coupon. INB staff do not have access to county records.
- Write your check out ahead of time.
- Don’t wait until the last minute! The day payments are due has traditionally been a busy day even though our branch managers and other bank staff step in to help.
INB takes payments for the counties listed below. You must make the payment by the due date; after the due date, you will need to visit the appropriate, local, county office. For your reference, here are links to each county’s property tax payment information:
Never Write another Property Tax Check: Set up an Escrow Account
If you’re an INB mortgage customer, you can avoid writing this annual check or worrying about how to make your payment by setting up an escrow account. An escrow account is a free way for you to set aside the money for your property taxes, and then INB handles the payments with the county.
To help everyone understand exactly how an escrow account works, we developed this short video.
Escrow Introduction Doodle video
INB typically sets the escrow accounts up at the time of a mortgage closing, but we can open one at any time. All it takes is a phone call to get the process started. In either case, you establish your account with an escrow deposit as explained in the video.
Once the account is established, you don’t do anything but make your mortgage payments. We monitor the account, make payments your account is designed to cover, and send you an analysis each year.
For more details on how an escrow account works, check out these blog posts:
What is Escrow?
Escrow Amount Changing
Or, call any INB mortgage loan officer.
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