In California the housing market is currently reeling from the withdrawal of several large home insurance companies from the state. If you cannot get insurance, you cannot get a mortgage. While expensive fire insurance is available from the State, it covers nothing else and will not satisfy mortgage insurance requirements.
mistercatworks over 1 year ago
In California the housing market is currently reeling from the withdrawal of several large home insurance companies from the state. If you cannot get insurance, you cannot get a mortgage. While expensive fire insurance is available from the State, it covers nothing else and will not satisfy mortgage insurance requirements.