>>Lender-Placed Insurance
Lender-Placed Insurance 2017-10-23T13:17:39+00:00
auto Lending and Leasing

Auto & Consumer
Lending and Leasing

home mortgage

Mortgage Lending

lending

Commercial Lending

 

Is Your Collateral Insured?

Highlights of our Lender-Placed Insurance program:

  • Coverage on specific collateral with lender as loss payee.

  • Residential, commercial, mobile homes, automobiles, and equipment coverage.

  • Covers second mortgages and equity loans.

  • Coverage extends to Other Real Estate Owned (OREO) portfolios.

  • Option to include liability coverage.

  • Flood coverage with no waiting period.

  • Compliance tracking to ensure continued coverage.

Newtek Insurance Agency can help you with all your mortgage insurance needs.

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Additional Products Available

mortgage property coverage

Blanket mortgage hazard

  • Provides the lender with property coverage on the entire portfolio.
  • Covers resident, commercial, and mobile home loans.
coverage

Blanket mortgage impairment

  • Covers all residential, commercial, second mortgage, and home equity lines of credit.
  • Eliminates the need to track or force place mortgaged properties for required insurance.
outsource

Outsourced tracking

  • Full outsourcing of insurance monitoring to an outside computerized tracking facility.
  • Automatic coverage of all loan collateral against uninsured physical damage or loss.

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