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#131788 - 11/18/03 07:56 PM HUD and insurance premiums
lisa Offline
Gold Star
Joined: Aug 2001
Posts: 264
Gainesville, TX USA
If a commercial borrower and the builder are one and the same; how do we break out the premium amount for the HUD if they only carry a master insurance policy that covers all their current construction sites?

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Lending Compliance
#131789 - 11/18/03 07:58 PM Re: HUD and insurance premiums
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 47,535
Bloomington, IN
This doesn't sound like a RESPA covered loan.
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The opinions expressed are mine and they are not to be taken as legal advice.

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