If you have a cco mortgage with an escrow account, do the math yourself. You'll find they use a formula that requires you to keep a balance and call it a "shortage" keeping you in escrow.
- Aug 14 2014-08-14 14:06:22
CCO Mortgage provides financial options for people who are going to become homeowners. It offers such borrowing possibilities as home equity loans, home equity lines of credit and mortgages. Each of these options has its benefits. So, people who choose equity loans can enjoy low fixed APR for the life of the loan (from 36 to 360 months) without any annual fees or application and closing costs. Home equity line gives you access to the funds as you need them and flexible repayment terms. CCO Mortgage offers adjustable and fixed first-time home buyer programs with many additional products and rates.Being a division of RBS Citizens, N.A., CCO Mortgage is a part of the Citizens Financial Group Ã¢â‚¬â€œ one of the top U.S. commercial banking companies, founded in 1828.8826 Santa Fe Dr Shawnee Mission KS 66212-3655
- Loans and Mortgages
- Escrow Account
In 2 and a half years I have paid $4800 to cover a $3900 deficit in my taxes in 2011. They are insisting I still have a $1900 "shortage" in my taxes. I cant make $4800 = $2000 but they can. I have talked to them on the phone and they cant provide an answer to one simple Question, How does $4800 equal $2000? I was encouraged to file a dispute in writing with the escrow account dept on writing. ... Read more ›Was this review helpful? 0 0 2.5