If you receive a notice that either your insurance or taxes are due, call your new mortgage servicer to make sure that they are aware of the upcoming payment. If the new mortgage servicer has not received a copy of the bill, they will ask you to send a copy for review. A tax or insurance payment is typically made by your previous mortgage servicer when due during the first 60 days after the mortgage servicing transfer.
Some mortgage servicers offer to escrow life or disability insurance (insurance that would pay off the mortgage in case of death or make payments in case of disability). Statebridge Company LLC does not currently offer these policies or escrow for them.