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#2057400 - 01/08/16 03:24 PM Interest on Escrow
Bunco Offline
Junior Member
Joined: Jul 2005
Posts: 34
I am a NJ State charted bank. Am I required to pay interest on escrow for mortgage loans made on New York property?

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#2057410 - 01/08/16 03:37 PM Re: Interest on Escrow Bunco
Sinatra Fan Offline
Power Poster
Sinatra Fan
Joined: Jul 2002
Posts: 5,568
New Jersey
Yes, if the collateral property is a 1-6 family dwelling occupied by the owner.
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Management is doing things right; leadership is doing the right things. Peter Drucker

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