1. 14231 POINTS
    Tom Sheehan
    Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
    Homeowners' Insurance will be required by your Mortgage Company in order to schedule the closing of the sale. Some require that the subsequent year's premium be collected in your monthly mortgage payments and held in an escrow account until billed, others do not. In all cases here in Connecticut, you will be required by your mortgage company to pay the first year's premium in full.
    Answered on September 16, 2014
  2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>