| We require your property taxes and insurance to be paid current at the time the loan escrow closes. Any delinquent property taxes must be paid directly to the tax collector from escrow. If your insurance premium is due, it to must be paid through escrow.
We do not offer impound escrow accounts for future tax and insurance payments. This will remain yours or your senior lenders responsibility to pay and keep current as long as our loan has any outstanding balance owed.
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