Bank Code (properties, lenders, tax, assessment)

[njkate]

Looking up some properties on my townships website regarding taxes
I noticed a "bank code" most owners have a code of 660 or 165 or some other 3 digit code
Then there are some with a zero, I'm assuming this means that property does not have a mortgage??

[jackmichigan]

Ask your local assessor what the codes mean. We have no codes like that on our assessment rolls, so my guess would be no better than yours.

[gv28]

I’m fairly certain some local gov’t tax sites will have an id code for the different lenders.
001 = Wells
002 = BoA
003 = etc, etc

So you are probably right about the 0.
Those things change though, so I wouldn’t ‘bank’ on it being accurate.

There should be a key somewhere.

[gv28]

It seems on most tax sites that use such an id system, they reserve 666 for Ocwen. I don't know why.

[MikeJaquish]

Originally Posted by gv28

It seems on most tax sites that use such an id system, they reserve 666 for Ocwen. I don't know why.

LOL