Posted on: 13th Sep, 2008 11:43 am
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?
and i received a letter my payment is raised because my escrow change. my loan type can change the payment?
No, an increase in your prop taxes or home owner's insurance raises your payment.
kpatrick is correct.