A banking account used by a lender associated with a loan for an asset that requires periodic tax payments. The impound is typically used with real estate mortgages or luxury items.
Related information about tax impound:
- Tax Impound - Mortgage Glossary | Quicken Loans
Tax Impound definition from the mortgage glossary at QuickenLoans.com. Learn mortgage terms and jargon with the Quicken Loans Mortgage Glossary.
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that was in the escrow or impound account from your previous loan. This will create the need to start a new property tax impound account. The new account will ...
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Definition of tax impound: A banking account used by a lender associated with a loan for an asset that requires periodic tax payments. The impound is typically ...
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May 9, 2011 ... Refinance in Herndon, VA - Hi, Is there a min requirement for how many months of property taxes should be paid in advance when ...
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Aug 6, 2008 ... This will create the need to start a new property tax impound account. The new account will accrue so that there is enough to pay your property ...
- How to Calculate Impound Tax | eHow.com
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- Minnesota Tax Impound Chart - Joe Metzler Group
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