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A mortgage is a loan that is secured by real property (land, buildings).

5 votes
1 answer
1k views

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). …
Adam Johns's user avatar
2 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 …
Adam Johns's user avatar