With the payment of an escrow waiver fee, qualified borrowers may forego the escrow requirements. With many conforming loans, the borrower may waive the escrow requirement if the loan is only at 75% LTV ratio or below—at least 25% down payment or equity. The lender may still re-impose the escrow requirement at a later time if the borrower proves subsequently delinquent in paying property taxes and insurance premiums. For more information, see the "Monthly Payments" article in the "Homebuyer Guide" section.
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