If a borrower lacks the required insurance and, as the lender, you need to obtain forced-placed insurance, you can use the steps below to add it as a fee. Note that increasing the loan balance may be restricted by the loan terms or prohibited in certain states. Ventures is working on future enhancements to offer more…
This article will provide a general overview of how to: * Add Insurance Types (Site Administrator function) * Create an Insurance Tracking Record * System Insurance Letters * System Insurance Reports * You may also view the video here Adding Insurance Types : Insurance Types are Custom and can be added by …