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I own a home in California and pay my taxes up 3 or 4 times a year. I am considering to buy a home and want an FHA loan. I had two different loan officers me different advice. Can I use an FHA mortgage and still pay my taxes three times a year instead of monthly?

3 Thoughts on Do I have to pay the property tax on a monthly FHA loan?
  1. Reply
    March 14, 2013 at 6:49 pm

    no Fha requires them to be impounded with your monthly payments along with insurance

  2. Reply
    Beverly S
    March 14, 2013 at 7:09 pm

    FHA requires your taxes and insurance to be escrowed. On a conventional loan you have the choice whether or not to have escrow account.

  3. Reply
    Doctor Deth
    March 14, 2013 at 7:30 pm

    what’s the diff? – it’s easier to budget stuff monthly rather than quarterly

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