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An account with a financial institution that is used to pay taxes and insurance is called _____. an ARM a balloon loan an escrow account PMI

User Tjwallace
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The answer would be an escrow account
User Discodowney
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The answer for that question would be : an Escrow Account
With a mortgage escrow account, you must pay a lender periodically to cover The Taxes and Insurance expense. Then that lender will pay pays those expenses on your behalf when the bills came due
User Roman Akinfold
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