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What type of account is held by the mortgage lender and used to cover property taxes and homeowner's insurance? A. tax account, B. reserve account, C. assessed account, D. escrow account
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Question
Asked 11/19/2011 10:10:09 PM
Updated 9/22/2014 10:56:45 PM
1 Answer/Comment
Flagged by
jerry06
[9/22/2014 10:56:45 PM]
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What type of account is held by the mortgage lender and used to cover property taxes and homeowner's insurance? A. tax account, B. reserve account, C. assessed account, D. escrow account
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What type of account is held by the mortgage lender and used to cover property taxes and homeowner's insurance? A. tax account, B. reserve account, C. assessed account, D. escrow account
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Question
Asked 11/19/2011 10:10:09 PM
Updated 9/22/2014 10:56:45 PM
1 Answer/Comment
Flagged by
jerry06
[9/22/2014 10:56:45 PM]
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8
jerry06
An escrow account is held by the mortgage lender and used to cover property taxes and homeowner's insurance.
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Added 9/22/2014 10:56:44 PM
This answer has been confirmed as correct and helpful.
Confirmed by
jeifunk
[9/22/2014 11:05:11 PM]
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