Q: If I've paid off a home equity can they charge me attorney,appraisal fees, and owe property tax home insurance
Included mortgage payment in to escrow. I receive a letter to pay or I'm in default
A: As it has been five weeks since you posted, I suspect you have already been forced to make a decision. In case this issue comes up again, most of your relationship with the mortgage company is controlled by contract. Many lenders will agree to waive mortgage insurance if your equity exceeds a specific percentage. Perhaps you disagree on how they calculated this amount. The amounts paid for mortgage insurance are usually low enough that it would make a lawsuit impractical. If you disagree with how the lender is handling your mortgage, you can file a complaint with sites like: www.consumerfinance.gov/complaint/ or HUD. Generally your options are limited while dealing with your current lender, and refinancing is sometimes the only way to get a better mortgage.
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