Locations

Mortgage Warehouse Fort Myers

Mortgage Lender Cape Coral, Mortgage Lender Cape Coral, Mortgage Lender Cape Coral.

Whenever you have a loan against the value of your home, whether it is a mortgage or a home equity loan, your lender will require homeowners’ insurance. They will also require specific coverage amounts and policy types.  As a condition of closing, they will ask for proof of insurance in the form of a binder or certificate of insurance.

With Hurricane Season lasting from June 1st through November 30^th in Florida, it is more important than ever to have the proper type and amount of insurance.

Mortgage Warehouse suggests that our buyers choose an insurance agent and provide us with a binder and invoice within 5-10 business days of an executed sales contract. Issuing a new policy can sometimes take a few days or weeks, depending on the underwriting process. Binders are often provided as temporary evidence of insurance coverage prior to the issuance of a formal insurance policy. 

Whenever you have a loan against the value of your home, whether it is a mortgage or a home equity loan, your lender will require homeowners’ insurance. They will also require specific coverage amounts and policy types.  As a condition of closing, they will ask for proof of insurance in the form of a binder or certificate of insurance.

With Hurricane Season lasting from June 1st through November 30^th in Florida, it is more important than ever to have the proper type and amount of insurance.

Mortgage Warehouse suggests that our buyers choose an insurance agent and provide us with a binder and invoice within 5-10 business days of an executed sales contract. Issuing a new policy can sometimes take a few days or weeks, depending on the underwriting process. Binders are often provided as temporary evidence of insurance coverage prior to the issuance of a formal insurance policy. 

Whenever you have a loan against the value of your home, whether it is a mortgage or a home equity loan, your lender will require homeowners’ insurance. They will also require specific coverage amounts and policy types.  As a condition of closing, they will ask for proof of insurance in the form of a binder or certificate of insurance.

With Hurricane Season lasting from June 1st through November 30^th in Florida, it is more important than ever to have the proper type and amount of insurance.

Mortgage Warehouse suggests that our buyers choose an insurance agent and provide us with a binder and invoice within 5-10 business days of an executed sales contract. Issuing a new policy can sometimes take a few days or weeks, depending on the underwriting process. Binders are often provided as temporary evidence of insurance coverage prior to the issuance of a formal insurance policy.