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Your
estimated monthly mortgage payment may look
confusing to you.
It
is very, very important that you understand all the
costs that will be billed to you on a monthly,
quarterly, bi-annually and annual basis. In
order to sort these out, be sure you have a trusted
mortgage advisor on your team. If you have questions
about your mortgage advisor or do not feel you are
getting your questions answered clearly by them,
contact us and we can provide for you some excellent
resources provided by the State of Washington and
HUD that should help you further.
Be
aware that a typical monthly mortgage statement will
include payments towards:
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The loan balance
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Yearly Taxes on the property
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Annual Property insurance
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Home Owners Association dues
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other association dues
US Department of Housing and Urban Development office
800-569-4287 For information on counseling agencies
in the State of Washington.
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