Who is responsible for paying my property taxes and homeowners insurance?
• You, as the borrower, have the responsibility to pay your property taxes, insurance or other assessments on your property. If an escrow account has been established for some or all of these items, then you are responsible for making timely payments to the escrow account which is included with your monthly payment and the Lender will make the tax and insurance payments when due.
You, as the borrower, have the responsibility to pay your property taxes, insurance or other assessments on your property. If an escrow account has been established for some or all of these items, then you are responsible for making timely payments to the escrow account which is included with your monthly payment and the Lender will make the tax and insurance payments when due.
