Posted on: 14th Jul, 2010 03:39 pm
At what point can I take control and make these tax and insurance payments myself?
Hi kjstayer!
Welcome to forums!
Most lenders won't be ready to remove the escrow accounts. If you do not want to continue with the escrow account, then you should contact your lender and request him regarding it. It's the lender's discretion whether or not he would remove the account and let you control the taxes and the insurance payments yourself.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Most lenders won't be ready to remove the escrow accounts. If you do not want to continue with the escrow account, then you should contact your lender and request him regarding it. It's the lender's discretion whether or not he would remove the account and let you control the taxes and the insurance payments yourself.
Feel free to ask if you've further queries.
Sussane