Ways to Reduce Your Monthly Mortgage Payment?
Автор: Kim Kaplan Marchena Miami Real Estate
Загружено: 2023-07-06
Просмотров: 57
Описание:
Most banks 🏦 and lenders require mandatory escrow accounts. FHA requires mandatory escrow accounts for taxes and insurance no matter the size of the down payment. As well as FNMA & FHLMC conventional loans if you put less than 20% down, you will have a mandatory escrow account for taxes and insurance.
However, there are alternative loans available which do not require a Buyer to escrow for taxes and insurance. If this is something that you would like to inquire about, Al Marchena of Liberty Mortgage has a loan program which you can waive your escrow on FNMA & FHLMC conventional loans even if you put as little as 3% down which will give you more cash flow every month.💸
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