Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 12 years ago,
How many months of escrow for Insurance
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?