Legal Question in Consumer Law in Florida
mortgage escrow accounts
can i eliminate from mortgage payment by paying insurance & taxes upfront
3 Answers from Attorneys
Re: mortgage escrow accounts
Depends on your mortgage agreement (contract). Usually, they do not allow you to do so.
Re: mortgage escrow accounts
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Only if your lender will agree. If the mortgage lender will agree, then you can do it.
Scott R. Jay, Esq.
Re: mortgage escrow accounts
The answer to this question will depend upon the terms of your loan. The lender cannot insist on your paying into an escrow account unless you agreed by the terms of your loan agreement.
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