Mortgage Blog

Impound account

April 27th, 2011 9:52 AM by Eric Fang

For some states, impound account is required.
Everyone thinks it's normal to have it.

But in California, it's optional to have.
For the current market, I would recommend
those to have 5/1ARM program. Three simple

1)Non-impound rate will be 0.25% higher
2)We can cancel impound after closing
3)This will help to get no closing cost
loans under current LO compensation regulation.

Email me if you have any questions

Posted in:General
Posted by Eric Fang on April 27th, 2011 9:52 AM



My Favorite Blogs:

Sites That Link to This Blog:

1288 Kifer Road Suite 208
Sunnyvale, CA 94086