Updated over 12 years ago on . Most recent reply
How many months of escrow for Insurance
My mortgage broker is saying that the lender will require me to pay 15 months of insurance premium at the time of closing for escrow for my fourplex investment. I would rather pay only 6 months at the closing if i can (since its a significant amount). The broker is saying that its upto the lender to decide how many months they want.
Just wanted to check how many months of insurance are others paying at the time of closing?