Frequently Asked Questions

What should I do if I’m not sure about the annual real estate taxes?

If you’re not sure about the annual real estate taxes for a property you are purchasing, estimate them at 1.25% of the purchase price. If you’re not sure about the annual real estate taxes for a property you are refinancing, use your best estimate. Don’t let this hold up your application. The appraiser and title company will provide us with the exact amount later.

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