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A mortgage is a loan that is secured by real property (land, buildings).
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answer
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Loan-to-value (LTV) ratio of 65% to remove escrow?
I just got off the phone with Wells Fargo to try to close my escrow account on my mortgage (prefer to just manage taxes & insurance myself). …
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votes
Accepted
Loan-to-value (LTV) ratio of 65% to remove escrow?
I got Wells Fargo to mail me a document outlining all the requirements for closing my escrow account.
It turns out whoever I was speaking with on the phone was just wrong. The document stated as long …