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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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About Us Our Agents Location and Map Links

• Our Agents
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• Newcomer Info
• Contact Us

3925 NE 72nd Ave

Property Taxes

What is an impound account? (Back)

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.