The only thing that your mortgage really has to do with your property taxes is if your lender requires themselves to make payments for you (to ensure it gets paid) and you pay them back for it. Sometimes they'll make you pay some/all at closing aswell, but TIPP has nothing to do with it. As long as you're the registered owner, you can enrol in TIPP. The city's application doesn't even mention mortgages, let alone your equity %.
|