Closings and Escrow: Can Lender Change Flood Insurance Deductible Requirement After Closing

mardi 4 novembre 2014

My question involves real estate located in the State of: TX



I recently closed on a home about 3 months ago. The lender is now saying that our 5% flood insurance deductible needs to be changed to a 2% deductible. At closing we were told our flood insurance was adequate. Can they change this requirement after closing and make us lower our deductible?





Closings and Escrow: Can Lender Change Flood Insurance Deductible Requirement After Closing

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