Asked by Beth, San Jose, CA • Wed Jun 10, 2009
property taxes. We are having a tough time making our mortgage payment, and with the added escrow payment are really struggeling. Our Mortgage Company said that they won't accept our Mortgage only payment and will put our payment in a hold account until the full balance, including the escrow payment is received. We're afraid this will cause us to have a 30-day late, so we've been advancing on our credit cards & taking money out of our 401K to make our monthly payments, which is a viscious cycle, since we are now more in debt and struggling more. Does anyone know if the Mortgage Company can hold our mortgage payment and thus cause us to be 30-days late if we don't include the escrow payment?
Real Estate in Scotts Valley
Popular Categories in 95066
Email me when…
Success! Your email alert settings have been saved. Access all your email alerts in your My Trulia account anytime!