That portion of a borrower’s monthly payment held by the lender or servicer to pay for taxes, hazard insurance, mortgage insurance, lease payments, and other items as they become due. Also known as Reserves.
That portion of a borrower’s monthly payment held by the lender or servicer to pay for taxes, hazard insurance, mortgage insurance, lease payments, and other items as they become due. Also known as Reserves.
LeaderOne Finanial Corporation // NMLS #12007
LeaderOne Financial Corporation is Licensed by the Nevada Mortgage Lending Division - #4186. Licensed by Texas Department of Savings and Mortgage Lending. The California Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. License #4131276. Corporate Headquarters: 7500 College Blvd. Suite 1150, Overland Park, KS 66210, NMLS ID #12007. www.nmlsconsumeraccess.org. This advertisement does not constitute a loan approval or a loan commitment. Loan approval and/or loan commitment is subject to final underwriting review and approval.
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