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masya89 [10]
3 years ago
15

When buying a home, the lender may hold money in an escrow account to pay _____. A. Attorney’s fees b. Origination fees c. Pro

perty taxes d. Title insurance.
Business
1 answer:
natka813 [3]3 years ago
7 0

Considering mortgage finance analysis, when buying a home, the lender may hold money in an escrow account to pay "<u>property taxes</u>."

<h3>What is an escrow account?</h3>

An escrow account is a specially made account in which it is used to manage your mortgages.

An escrow account is a form of savings account whereby mortgage service providers help manage on behalf of the escrow account holder

<h3>Money from the Escrow Account can be used to pay the following fees or charges:</h3>

  • Property taxes
  • Homeowners insurance
  • Mortgage insurance premiums

Hence, in this case, it is concluded that the correct answer is option C. "<u>Property Taxes."</u>

Learn more about the escrow account here: brainly.com/question/2312030

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