Financing insurance/prop taxes with mortgage
Posted: Tue Mar 06, 2001 5:11 pm
We are new homebuyers and are not sure if this is the way to go? If your insurance is financed with your mortgage, does the mortgage co. give it to the insurance co. or what?? Is this a smart way to go or not? We are in the process of getting paperwork drawn up, but are wondering, is this the way to go, having your insurance and prop tax figured in with your mortgage?