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What else can I help you with?
What companies offer home loan insurance?
There are many companies which offer home loan insurance. These include the ICICI Bank, HDFC Life and SBI Life. Another company to offer this insurance is HLIC.
What home loan tips does Standard Bank provide?
Standard Bank provides home loan tips relating to property insurance, body corporates with healthy financial positions and preventing illegal evictions. You can get more tips online at the Standard Bank website.
Does progressive offer homeowner loans?
No, Progressive does not offer home loans. They only offer various kinds of insurance, including home insurance. For a home loan, go to your bank or credit union.
Is it legal for the bank to require you to purchase home owners insurance for 3 times the value of the loan?
Your homeowners insurance in the United States must by law cover the value of the home being insured with no more than a 20% deviation. This may be more or less than the amount of your loan. No insurer will knowingly sell you a home insurance policy below the home value as such an insurance contract would be invalid. Homeowners insurance is for the home, not for the loan. You can purchase your homeowners insurance based on actual cash value of the home or on the replacement cost of the home. If you only want to insure a mortgage loan amount, that's what mortgage insurance is for.
Do you have to have have homeowners insurance with a credit line?
Yes, if the line of credit is a home equity line where the home is the collateral for the loan then you will have to prove that you have insurance on the home for the home equity loan. Any time you use collateral for a loan then part of the loan agreement will involve proof of insurance on the collateral.
What companies offer home loan insurance?
There are many companies which offer home loan insurance. These include the ICICI Bank, HDFC Life and SBI Life. Another company to offer this insurance is HLIC.
What home loan tips does Standard Bank provide?
Standard Bank provides home loan tips relating to property insurance, body corporates with healthy financial positions and preventing illegal evictions. You can get more tips online at the Standard Bank website.
Does progressive offer homeowner loans?
No, Progressive does not offer home loans. They only offer various kinds of insurance, including home insurance. For a home loan, go to your bank or credit union.
Is it legal for the bank to require you to purchase home owners insurance for 3 times the value of the loan?
Your homeowners insurance in the United States must by law cover the value of the home being insured with no more than a 20% deviation. This may be more or less than the amount of your loan. No insurer will knowingly sell you a home insurance policy below the home value as such an insurance contract would be invalid. Homeowners insurance is for the home, not for the loan. You can purchase your homeowners insurance based on actual cash value of the home or on the replacement cost of the home. If you only want to insure a mortgage loan amount, that's what mortgage insurance is for.
When was Federal Home Loan Bank Board created?
Federal Home Loan Bank Board was created in 1932.
Do you have to have have homeowners insurance with a credit line?
Yes, if the line of credit is a home equity line where the home is the collateral for the loan then you will have to prove that you have insurance on the home for the home equity loan. Any time you use collateral for a loan then part of the loan agreement will involve proof of insurance on the collateral.
How can you sell your home to a bank and pay the difference in the loan?
You go to the bank and ask for a loan.
Will the bank sue you if you foreclose on your home loan?
Yes, the bank will sue you if you default on your home loan and place your house in foreclosure.
What is a unsecured home improvement loan?
Loan given by bank without security (meaning: Home equity is not used by bank)
Where can I find a good loan insurance calculator?
The best way to get a realistic figure for a home loan would be to talk to a bank or credit union. A less accurate method would be a online loan insurance calculator. You can find one here http://www.realestateabc.com/calculators/PITI.htm
When was Federal Home Loan Bank Board Building created?
Federal Home Loan Bank Board Building was created in 1928.
Where can I find a home equity loan?
Home equity loans are something that has to be signed off on by the bank. You can go to the bank where you do your banking at and talk to a home loan specialist.
