Tax & Insurance Impound Accounts
- homeloanbasecamp
- Mar 29, 2019
- 1 min read
Updated: May 31, 2019
Ever wonder what is meant by a tax & insurance impound account? It's not a jail for naughty bills.
Well, here's your answer! I fully go through what it means and how it works.
Impound accounts don't have to be scary or a mystery any longer. Now you can make in informed choice and understand where your money is going and how a loan servicer manages the funds.
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