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Tag Archive | "mortgage impound"

Mortgage Escrow: Mortgage Impound and Escrow Accounts

Mortgage escrow / impound accounts are a means of paying future large payments in advance, with smaller monthly payments. Mortgage impound or escrow accounts may be a requirement placed upon you by your lender, here are some examples. Mortgage escrow accounts are usually set up by a lender who want to insure that you have […]

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