theyre projecting a shortfall for your property taxes most likely. this was the hell I put up with with countrywide until I refinanced away from those shysters years ago. the mortgage broker I used suggested paying my taxes myself and it was a great move. the principal never changes [unless you refi lower] and the tax bill is easier for you to have certainty on because your locale will send you the bill and you will know what you owe quarterly or semi annually depending again on your locale.
YesAndItCounts t1_iybjzim wrote
Reply to $600 Mortgage Payment Increase??? by NachoDog1000
theyre projecting a shortfall for your property taxes most likely. this was the hell I put up with with countrywide until I refinanced away from those shysters years ago. the mortgage broker I used suggested paying my taxes myself and it was a great move. the principal never changes [unless you refi lower] and the tax bill is easier for you to have certainty on because your locale will send you the bill and you will know what you owe quarterly or semi annually depending again on your locale.