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Bank of Commerce / Mortgage
177 Bovet Road
Suite 600
San Mateo, CA 94402
Ph: 408-228-4928
eFax: 800-921-2529
Email
Lic. #: 01218426
What is an impound account? PDF Print E-mail

What is an impound account?

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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