LAS VEGAS — January is a common month for mortgage escrow recalculations that can change monthly payments.
Homeowners across Nevada should prepare for potential changes in mortgage costs, including property tax increases, insurance costs, and annual escrow analyses. Lenders usually send out an annual escrow statement in early 2026 that details any shortfalls and surpluses. Homeowners who are not prepared or do not understand the changes may face unpleasant surprises in the form of pay hikes.
Often, unexpected payment increases can be linked to prior tax notices that homeowners may not have paid attention to. Clerk County’s Treasurer’s office only mails out property tax notices once a year, typically by August 1st each year. For property owners with taxes exceeding $100.00, payments are made in installments, with one due on the 1st Monday in January. Missed payments due to not receiving a tax property notice can result in penalty costs.
To avoid confusion about mortgage payments, property owners should review escrow statements from their lenders and verify the assessed value with the Clark County Assessor’s Office.
