You have a jumbo loan?

If you have a loan that’s considered “higher-priced” under the Truth in Lending Act then you might be required to pay into an escrow account for at least the first five years of the loan.

If you click on "higher-priced" link it will show jumbo loan is a kind of "higher-priced" that allow up to five years of escrow. 

所有跟帖: 

还真不是jumbo -newleaf2020- 给 newleaf2020 发送悄悄话 (23 bytes) () 01/20/2023 postreply 08:13:20

你个大学毕业的自己看 -柠檬椰子汁- 给 柠檬椰子汁 发送悄悄话 柠檬椰子汁 的博客首页 (1986 bytes) () 01/20/2023 postreply 08:23:10

好的,正在研究。主要是没明白escrow有没有什么法律规定要有多少reserve -newleaf2020- 给 newleaf2020 发送悄悄话 (248 bytes) () 01/20/2023 postreply 08:28:42

should have asked your loan agent -柠檬椰子汁- 给 柠檬椰子汁 发送悄悄话 柠檬椰子汁 的博客首页 (0 bytes) () 01/20/2023 postreply 08:31:01

好的。谢谢解答。我确实是个法盲 -newleaf2020- 给 newleaf2020 发送悄悄话 (208 bytes) () 01/20/2023 postreply 08:48:47

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