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#2304118 - 12/12/24 09:51 PM Estimated Taxes, Insurance and Assessments
Luv2run Offline
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Joined: Jan 2015
Posts: 697
In preparing the Loan Estimate, would you include the figures in the Estimated Taxes, Insurance and Assessments if the sole borrower does not own the property, therefore would not be responsible for the payment of these items?

And please...I know this is an odd situation.
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TRID - TILA/RESPA Integrated Disclosures Rule
#2304119 - 12/12/24 09:52 PM Re: Estimated Taxes, Insurance and Assessments Luv2run
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 85,239
Galveston, TX
There would be no exception of which I am aware. Those costs still have to be paid for the lender not to foreclose.
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