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Contact Information

Frank Free
Lake Realty
19900 W Catawba Ave
PO Box: Suite 103
Cornelius, NC, 28031
Office: 704-892-6350
Cell: 704-201-5262
ffree@lakerealty.com
Lic. #: 139143
What is an impound account? | Print |

What is an impound account?

An impound account is a trust account established by the lender to hold money to pay for real estate taxes, and mortgage and homeowners insurance premiums as they are received each month.

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Last Updated ( Tuesday, 29 July 2008 )
 
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