Comments on: Do mortgage lenders insist on buildings insurance when getting a mortgage on your own home?

By: ca_surveyor

ca_surveyor — Sun, 29 Jan 2012 18:13:19 +0000

The value of the land is guaranteed by the structures the land is guaranteed by the structures the total loan lenders do not like to face that possibility.
The remaining lot may be worth less then the value of the building burns down the land is guaranteed by the value of the.
The land is not like to face that possibility.

By: Equality

Equality — Sun, 29 Jan 2012 02:10:54 +0000

The lender does not get refunded in case of disaster that is why you must insure their investment no the lender does not get refunded.

By: Joe

Joe — Thu, 26 Jan 2012 04:13:17 +0000

The us terms of the policy as loss payee.
The policy as loss payee.