When a loan is originated, the mortgage documents specify the escrow conditions. This has become a standard practice for all mortgages, including FHA, VA and conventional mortgages. Occasionally on conventional loans, FRFCU waives the collection of escrow requirement at closing if the member has a minimum 20% equity position in the property.
visitors since 7/21/2009
Kenny Wendeburg Liberty Mortgage Ph: 281-542-7392 - Fax: 281-542-6858
4802 Center Street
Deer Park, TX 77536
License # 1264 www.libertymtgusa.com