Why do mortgage lenders require homeowners insurance?
Both you and your mortgage lender put major financial investments into your home by providing funds for purchase. Because of this, your mortgage lender is interested in protecting the property as well. If your home is destroyed in a disaster, they won"t lose the remaining loan amount that they had invested. Customers and Insurance Agents may electronically upload Policy Information and Renewals at www.ihaveinsurance.com/Homepoint