If customer pays premium for flood insurance being increased due to loan being refinanced for more money. If customer paid premium on January 22, 2018 can we close loan on January 31, 2018?
Yes, I have a copy of the declaration page but it has insurance a mount different. As long as I have a copy of the check and paperwork from Insurance agent will it be ok? I am new to refinancing loans with flood. Customer paid premium to local insurance agent.