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Updated about 12 years ago on . Most recent reply

Tarun Kapoor's profile image
Tarun Kapoor's profile image
Tarun Kapoor
  • from Minneapolis, Minnesota
  • Member since Nov 29, 2012
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35
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3
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Tarun Kapoor's profile image
Tarun Kapoor's profile image
Tarun Kapoor
  • from Minneapolis, Minnesota
  • Member since Nov 29, 2012
Connect
Tarun Kapoor
  • Minneapolis, MN
3
Votes |
35
Posts
Private Lending & Conventional Mortgage Advice

How many months of escrow for Insurance

Tarun Kapoor
  • Minneapolis, MN
Posted

My mortgage broker is saying that the lender will require me to pay 15 months of insurance premium at the time of closing for escrow for my fourplex investment. I would rather pay only 6 months at the closing if i can (since its a significant amount). The broker is saying that its upto the lender to decide how many months they want.

Just wanted to check how many months of insurance are others paying at the time of closing?

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