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.
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.