What Homeowners Insurance is Required by Mortgage Companies?
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What Homeowners Insurance is Required by Mortgage Companies?
Posted: Jul 06, 2007 |Comments: 0
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Have you recently purchased a home, or are considering purchasing a home, and want to know what homeowners insurance is required by mortgage companies? Here’s the lowdown …
Homeowners Insurance Required by Mortgage Companies
Homeowners insurance is required by mortgage companies to protect the property they are holding a mortgage on. Most mortgage lenders require you to purchase a homeowners insurance policy for the amount of the mortgage.
However, because your home is a huge investment, you’ll want to make sure
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