can my mortgage payment have to include the taxes and the home owners ins?

Asked by myhouse311, Norfolk, VA Wed Feb 6, 2013

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Miekeba Jones, Agent, Silver Spring, MD
Wed Feb 6, 2013
Hi myhouse311, It depends on the down payment, consult a mortgage lender.
0 votes
Laura Feghali, Agent, Stamford, CT
Wed Feb 6, 2013
Hello,
The answer depends on the amount of your down payment and the type of mortgage loan you are using to determine whether taxes and insurance must be included with your mortgage payment. Lenders have rules that they must abide by on this issue. I suggest that you speak to your lender for more information about it.

Best wishes!
Laura Feghali
Prudential Connecticut Realty
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