Lender-Placed Insurance

How Can You Remove Lender-Placed Insurance?

When a person secures a loan for a home purchase, financial institutions require that those borrowers maintain adequate mortgage insurance on the property. If a homeowner should fail to maintain that insurance for any number of reasons, the lender is typically able to protect its own financial interests with so-called lender-placed insurance. In the state […]

October 7, 2020

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