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can a mortgage hold my escrow surplus check for a late payments

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Icon Mini Profile ella_townsel89



Joined: 03 Sep 2008

Posts: 1



1.26 Dollars($)

PostPosted: Wed Sep 03, 2008 5:19 pm    Post subject: can a mortgage hold my escrow surplus check for a late payme

I have a surplus check that belongs to me from my escrow account,they will not release it to me until I make a payment on my mortgage it is a big check what shall I do help me.
 
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Icon Mini Profile adonis
adonis


Joined: 22 Oct 2005



Posts: 1628
Location: ALASKA


165.46 Dollars($)

PostPosted: Wed Sep 03, 2008 9:53 pm    Post subject:

Welcome ella_townsel,

The mortgage company can hold the surplus check to compensate for any late payment charges.

_________________
Procrastination is the enemy of your financial sucess
 
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