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escrow change

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Post Posted: Sat Sep 13, 2008 11:43 am    Post subject: escrow change
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my loan type is 30yr conv w/pmi
and i received a letter my payment is raised because my escrow change. my loan type can change the payment?
Icon Mini Profile kpatrick
kpatrick


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Location: Atlanta, Georgia
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Post Posted: Sat Sep 13, 2008 8:24 pm    Post subject:
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No, an increase in your prop taxes or home owner's insurance raises your payment.
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Icon Mini Profile lisascherzer



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Post Posted: Mon Sep 15, 2008 11:32 pm    Post subject:
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kpatrick is correct.
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