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Old 08-02-2007, 11:39 PM
OneBrick OneBrick is offline
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Default Suntrust Mortgage forced insurance?

Every mortgage company (in FL) requires that the borrower have homeowner's insurance. If you do not purchase it youself at the time of your purchasing the home the mortgage company chooses one for you and your account is escrowed.
Does anyone know the name of the mortgage company that Suntrust Bank currently defaults their borrowers to if the borrower does not provide proof of insurance soon after the closing?
ANY input would be helpful. This info is no where to be found on their websites and I would rather not call the Suntrust Mortgage Company at this time.
and yes, I know its a nationwide req. i just thought it might be helpful to know that i am in FL... if there is any slight differences


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Old 08-02-2007, 11:48 PM
SCH SCH is offline
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If you call the bank...they are required to tell you...every mortgage company can use a different insurance company...
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