- This topic has 2 replies, 2 voices, and was last updated 5 years, 11 months ago by
.
Viewing 3 posts - 1 through 3 (of 3 total)
Viewing 3 posts - 1 through 3 (of 3 total)
- You must be logged in to reply to this topic.
Home › Forums › Purchase Program › HOMEOWNERS INSURANCE
Tagged: Citi, closing date, declaration page, hoi, homeowners insurance, lender, loan number, mortgage clause, policy, replacement cost
dreamhomeDMV.
dreamhomeDMVAre there certain items that MUST be included in your homeowners insurance?
I’ve read that we have to have the Loan number, mortgage clause, closing date as the start date of the policy and 100% replacement cost of the house included in the policy, and all borrowers listed…is all of this true? We want to make sure that what we submit for homeowners insurance is not rejected by the lender.
Also, is it the declaration page that we would submit to Citi Mortgage as proof of HOI?
TTrumbleHello dreamhome8588,
Yes those items are standard fare. Not to worry. The insurance company knows what they are doing as far as required information, since they do hundreds of them each day.
Tim Trumble
Online Operations, NACA
ttrumble@naca.com
dreamhomeDMVThank you Tim!