Mortgage Impairment Hazard and Flood Insurance

tree hazard destroys home

Our website, MortgageHazard.com, allows the lender to easily place coverage and to cancel coverage on uninsured mortgage properties: residential, commercial, and REO.

Features

Lender easily places property coverage when borrower fails to insure property

Covers residential, commercial and mobile home loans

Provides all-risk residential coverage

Pays claims at replacement cost on residential; ACV settlement for commercial properties

Covers Real Estate Owned (REO) properties

Carries option to include liability coverage

Allows placement of Flood coverage when required

Benefits

Allows lender to insure specific, individual properties only

Easy-to-use website for fast and efficient placement/cancelation

Premium cost charged to the borrower

Pays claims at replacement cost on residential; and ACV settlement for commercial properties

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