Tax service fees are a one time charge collected at closing by a mortgage lender. What a tax service does is a bit iffy to me. I always thought that once a mortgage loan was set up in servicing that the tax service would monitor and oversee the tax payments for that property.
That appears to be partially true in some cases, because we do see instructions for the future billings going to tax
Sunday, April 25, 2010
query: how much are tax service fees that FHA won't pay
Tax service fees are a one time charge collected at closing by a mortgage lender. What a tax service does is a bit iffy to me. I always thought that once a mortgage loan was set up in servicing that the tax service would monitor and oversee the tax payments for that property.
That appears to be partially true in some cases, because we do see instructions for the future billings going to tax
That appears to be partially true in some cases, because we do see instructions for the future billings going to tax
Subscribe to:
Posts (Atom)