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loans requiring impound accounts

Do all loans require impound accounts?

If you are taking out a FHA or VA loan, the lender can require an impound account to pay real estate taxes and hazard insurance premiums, as with a standard loan.
Most conventional loans do not require an impound account.
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Contact Information

Brandon Clark, GRI, ABR, CSP
Coldwell Banker Select Professionals
1000 North Prince Street
Lancaster, Pa, 17603
Office: (717)735-8308
Cell: (717)682-7353
Fax: (717)283-4535
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