• ¡Welcome to Lending Network!
  • America's Fastest Growing Loan Scenario Online Forum
Hello There, Guest! Login RegisterLogin with Google+


Welcome to Lending Network! America's Number One Loan Scenario Help Center For The Public Join Our Lending Network Online Community Forum And Ask Your Loan Case Scenarios To Our Moderators & Real Estate Professionals.
It takes seconds to become a member. Lending Network was created and launched as a mortgage, real estate, and credit information center for the general public to utilize it as a loan scenario help desk online community forum.

Poll: Was this topic helpful?
Yes it was very helpful
No, it was not helpful
[Show Results]
 
Note: This is a public poll, other users will be able to see what you voted for.
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Homeowners insurance is mandatory for mortgage lenders
#1
Homeowners insurance is mandatory for all mortgage lenders. Homeowners insurance, also called hazard insurance, is required by the mortgage lender in the event of a fire or other liabilities where the mortgage lender's assets is at risk. If the property is in a flood zone, flood insurance is also required. Premium on homeowners insurance and flood insurance vary from company to company as well as by geographical region. Here is an article on homeowners insurance:

http://gustancho.com/homeowners-insuranc...e-lenders/

 
Reply
  


Forum Jump:


Browsing: 1 Guest(s)