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A lender may add 1/12th of the estimated cost of the annual property taxes and hazard insurance on the mortgaged property to the monthly loan

A lender may add 1/12th of the estimated cost of the annual property taxes and hazard insurance on the mortgaged property to the monthly loan payment deposit in:

a) a PMI account

b) a margin account

c) an impound, escrow, or reserve account

d) an adjustment account

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