that means you get somewhat of a “break” from paying these items for one year, right? And do I have to pay the PMI for an FHA loan for the life of the loan or will the PMI be cancelled once to the LTV reaches 80%?
Thanks.
Posts Tagged ‘insurance’
Since your home taxes, hazard insurance and pmi are paid up front for one year as required by the bank. . . ?
My home taxes and insurance is paid thru our escrow. . . is this included on our 1098?
We have our mortgage thru Countrywide Home Loans. We received out 1098 that shows the amount of mortgage interest we paid. However, part of our mortgage payment goes towards the escrow acct that then pays our insurance and real estate taxes. Will we get another form that shows what we paid or [...]
How many months of taxes and home owners insurance do I have to prepay on an impound account on a home loan?
How many months of taxes and home owners insurance do I have to prepay on an impound account on a home loan? The bank is charging me 4 months of prepaid taxes and an additional 6 months of prepaid taxes and 2 months of prepaid homeowners insurance and 1 year prepaid of homeowners insurance. I [...]
Do we need to get a new title insurance when we refinance our home mortgage loan?
We bought a title insurance when we first got our home loan. We are now refinancing with another bank and they are requiring us to get a new title insurance. Is this right?
why can’t we get socialized credit cards, auto insurance, bank loans, etc. ?
wouldn’t that make life a whole lot simplier?……if government run health care insurance is so great , then why not do it with everything?….wouldn’t 30 million more people be able to afford car insurance also?……and credit cards?
Does a Bank of America auto loan require full coverage insurance on the car?
If I were to take out an auto loan from Bank of America would I have to have full coverage insurance on the car until the loan is paid for? Or would I be able to just have liability coverage? Thanks!
Are there any good banks or insurance companies that will refinance your auto loan with good rates?
I am tring to refinance my auto loan , but the only place that I came across is StateFarm. Are there any other places that I can look into?
