Posted on: 30th Aug, 2010 09:00 pm
how much escrow can a bank as for? weve paid the insurance and taxes for whole year, which amount to about 6700. yet the settlements asks for 3000 up front then additional 600 per month additional on payments. thats way too much. Isnt there a law in pennsylvania for this?
Hi aakkss!
Welcome to forums!
It is quite surprising to me as to why the lender is charging you upfront charges when you've paid the insurance and the taxes for the whole month. I would suggest you to contact your lender and ask him to clarify the whole matter.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
It is quite surprising to me as to why the lender is charging you upfront charges when you've paid the insurance and the taxes for the whole month. I would suggest you to contact your lender and ask him to clarify the whole matter.
Feel free to ask if you've further queries.
Sussane