Legal Question in Real Estate Law in Florida

Is it legal to increase mortgage payment aftrer closing?

Can bank change the conditions and monthly payment amount if it was fixed loan?

Chase insreased my monthly morgage payment by adding my wind and storm policy to my escrow account , they did it behind my back.Can bank do so ?


Asked on 7/27/09, 8:33 pm

1 Answer from Attorneys
David Slater David P. Slater, Esq.

Without reading the mortgage documents, no one can answer. Generally, insurance is a prerequisite to obtaining a mortgage. Why don't you get your own policy?

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Answered on 7/27/09, 8:48 pm


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