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Escrow and mortgage question: lump sum vs monthly?
Escrow and mortgage question: lump sum vs monthly? Long story short I have a mortgage of about 290k at 2.8%. We had a tornado hit our house and rebuilt but I was able to keep paying original mortgage and not lose the 2.8% rate. The year that it was being built when they did the escrow assessment I had an overage of $6k so I got a nice check. I assume it was because they asssesed our property and...
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