Washington State Resident Here
Just got a copy of our settlement statement and it has several inconsistencies from our bill we received from our mortgage company.
1. Page one of the settlement statement lists mortgage as a conventional uninsured.
2. Initial monthly principal and interest is shown as $1150.16, which has the boxes principal and interest checked underneath WITHOUT selecting mortgage insurance.
3. The "total monthly amount owed including escrow account payments" box lists an additional $268.54 charge to the monthly statement for a total of $1418.70.
So WHY does my bill from my mortgage company list me having to pay $1681 INCLUDING mortgage insurance?! Is this grounds for contacting a real estate attorney? I do not want to have a nearly $300 discrepancy every month for my bill!
Just got a copy of our settlement statement and it has several inconsistencies from our bill we received from our mortgage company.
1. Page one of the settlement statement lists mortgage as a conventional uninsured.
2. Initial monthly principal and interest is shown as $1150.16, which has the boxes principal and interest checked underneath WITHOUT selecting mortgage insurance.
3. The "total monthly amount owed including escrow account payments" box lists an additional $268.54 charge to the monthly statement for a total of $1418.70.
So WHY does my bill from my mortgage company list me having to pay $1681 INCLUDING mortgage insurance?! Is this grounds for contacting a real estate attorney? I do not want to have a nearly $300 discrepancy every month for my bill!
Last edited:
