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flood insurance policy when closing

flood insurance policy when closing

I went to my closing with Regions bank in Ocala, Fl. As I was signing the final papers, the mortgage person told me that I had to sign this policy saying I would take this flood insurance policy or I wouldn't be able to close. Is this even legal?


Anonymous's picture
Anonymous
26-05-2015

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Yes - it just sucks they waited so long to tell you - FEMA determines who has to have flood - lender has nothing to do with it

brian1 | Asked on 2015-05-31

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