An account with a financial institution that is used to pay taxes and insurance is called _____. an ARM a balloon loan an escrow

Question

JulijaS [17]

4 years ago

14

An account with a financial institution that is used to pay taxes and insurance is called _____. an ARM a balloon loan an escrow

account PMI

Social Studies

2 answers:

kupik [55] · Answer 1 · 2022-01-13T20:12:19+03:00

kupik [55]4 years ago

6 0

The answer would be an escrow account

faust18 [17] · Answer 2 · 2022-01-13T18:40:26+03:00

faust18 [17]4 years ago

4 0

The answer for that question would be : an Escrow Account
With a mortgage escrow account, you must pay a lender periodically to cover The Taxes and Insurance expense. Then that lender will pay pays those expenses on your behalf when the bills came due