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SVTPerformance's Chain of Restaurants
Road Side Pub
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<blockquote data-quote="Malern28us" data-source="post: 15418893" data-attributes="member: 174053"><p>I had PMI and you better thoroughly investigate your assumed amount. </p><p>The company that carried my PMI required that I carried $250k of insurance on a $93k mortgage which is just absurd. The difference in my homeowners insurance was $1k/year to carry their $250k minimum. When I refused, they tried billing me for additional insurance through their preferred insurance company that they referred to as gap insurance. </p><p>I will never, ever do business with Quicken Loans.</p><p>I refinanced with Chase and couldn't be happier!</p><p>Word to the wise, find out who your loan will be owned by and what chance they have of selling your mortgage to another bank.</p></blockquote><p></p>
[QUOTE="Malern28us, post: 15418893, member: 174053"] I had PMI and you better thoroughly investigate your assumed amount. The company that carried my PMI required that I carried $250k of insurance on a $93k mortgage which is just absurd. The difference in my homeowners insurance was $1k/year to carry their $250k minimum. When I refused, they tried billing me for additional insurance through their preferred insurance company that they referred to as gap insurance. I will never, ever do business with Quicken Loans. I refinanced with Chase and couldn't be happier! Word to the wise, find out who your loan will be owned by and what chance they have of selling your mortgage to another bank. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
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