QUESTION

mortgage

Asked on Jul 16th, 2013 on Consumer Law - New Jersey
More details to this question:
the mortgage company increase the monthly payment to double amount of eachmoants
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1 ANSWER

Criminal Defense Attorney serving Toms River, NJ at Edward J. Dimon
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the key is what is written in the mortgage contract. the contract would have to permit the doubling of the payments.  are you sure that these payments are not for the 'escrow' fund for real estate taxes ? i would check. the escrow fund can be increased to meet 'shortfalls'. ed dimon, esq.
Answered on Jul 17th, 2013 at 3:13 PM

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