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Propety Tax
Impound Schedule

Understanding California Property Tax Impounds

1st Installment 2nd Installment
Tax Due Date: November 1st February 1st
Delinquent Date: December 10th April 10th
Period Covered: July - December January - June

The exact amounts your lender will require in order to establish your impound account may vary based upon the actual closing date of your transaction. Please note that "impound" amounts are not fees. "Impounds" are funds held for property tax payments made on your behalf by your lender. For complete information regarding your impound account, please contact your loan officer.


* Loans closing on February 19th and after require the 2nd tax installment to be paid at the time of closing.
** Loans closing on October 21st and after require the 1st installment to paid at the time of closing.


Close Of Escrow Initial Loan Payment Date Impounds Requires Number of Installment Paid
January March 7 Months Collected 1st Installment ,
2nd installment NOT PAID
February April * 2 Months Collected 1st Installment ,
2nd installment NOT PAID
March May 3 Months Collected 1st & 2nd installment
April June 4 Months Collected 1st & 2nd installment
May July 5 Months Collected 1st & 2nd installment
June August 6 Months Collected 1st & 2nd installment
July September 7 Months Collected 1st & 2nd installment
August October 8 Months Collected 1st & 2nd installment
September November 9 Months Collected 1st & 2nd installment
October December ** 4 Months Collected 1st Installment ,
2nd installment NOT PAID
November January 5 Months Collected 1st Installment ,
2nd installment NOT PAID
December February 6 Months Collected 1st Installment ,
2nd installment NOT PAID

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