Home Insurance in 07004 : Questions & Answers

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Donald Steve…, Real Estate Pro in Riverside County, CA
Donald Stevens 909-428-0503 answered:
Doesnt lenders buy insurance policies on mortgages?
You may be thinking of insurance that is paid as part of your mortgage payment. Mortgage companies may set up an escrow account that you pay as part of your mortgage payment and they fo ... more
0 votes Share Flag Thu May 24, 2012 Home Insurance in 07004
Marsha Bowen…, Real Estate Pro in Maplewood, NJ
Marsha Bowen-Washington answered:
does the mortgage company get paid if i stop paying the payments?
If you stop making payments, neither the mortgage company or servicer gets paid. The exception in most cases is the lender will continue to pay the property taxes and hazard insurance ... more
0 votes Share Flag Tue May 8, 2012 Home Insurance in 07004
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