Force-placed insurance
- Listed: August 13, 2022 1:38 pm
- Expires: This ad has expired
Description
Force-placed insurance
Your servicer may require force-placed insurance when you do not have your own insurance policy or if your own policy doesn’t meet your servicer’s requirements. Force-placed insurance usually protects only the lender, not you. The servicer will charge you for the insurance. Force-placed insurance is usually more expensive than finding an insurance policy yourself.
225 total views, 2 today
Listing ID: 44662f7a96091ce8
- Listed by: Editor
- Member Since: July 24, 2018
Other items listed by Editor
- I applied for a home mortgage loan. What can I do if I think a lender discriminated against me?
- Homeowners’ Association (HOA)
- Is there such a thing as a no-cost or no-closing loan or refinancing?
- What are late fees on a mortgage?
- I applied for a loan modification or other options to avoid foreclosure, but was denied help. My lender said I didn’t meet the qualifications for help. Can I appeal?