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re: Refund on homeowner's insurance when you refi?

Posted on 11/13/12 at 6:24 am to
Posted by ds1tiger
Closer than you think
Member since Apr 2006
361 posts
Posted on 11/13/12 at 6:24 am to
You will be refunded your escrow balance from your prior mortgage company.
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7269 posts
Posted on 11/13/12 at 9:27 am to
quote:

You will be refunded your escrow balance from your prior mortgage company.


This is correct but he will also be given a refund from the insurance company or given credit towards the new policy since it was paid for in May.
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