Article of the Day: Jumbo Mortgage Rates Too High Compared To Non-Jumbo Mortgage Rates

Why are my insurance repair checks made out to my mortgage lender?

Here’s the question…
“Can you please assist us with a problem with FIRST FRANKLIN?
Our refinance was done through them almost three years ago. We had over $25,000.00 worth of damages done to our home with the recent Hurricane Ike. We are having to replace our roof, entire fence, floor downstairs in family room, along with [...]

Hazard Insurance

Hazard Insurance Defined
Hazard insurance is another name for homeowner or property insurance.
The lender won’t lend money on a property that is not properly insured in case of fire or other hazards. The lender has to see the dwelling coverage equal to or more than the loan amount.
Most of the time, the [...]


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