Insurance Requirements

Borrower MUST provide a minimum 6-month insurance policy to be paid in full at closing. Borrower’s insurance agent should provide the declaration page and invoice to Title company at least 24 hours prior to closing.

The mortgagee clause for the insurance policy is:

We Fund Houses, LLC
1920 Abrams Pkwy
Ste 325
Dallas, TX 75214

• Insurance premiums are to be paid in full at closing. NO EXCEPTIONS.
• Coverage shown on declaration page must include vacancy, vandalism and malicious mischief
• Coverage must be for a minimum of 6 months, paid in full at closing. NO EXCEPTIONS.
• If a borrower has blanket policy, the insurance agent must provide declaration page showing the addition of the new property and showing proof of in-force blanket policy.
• The amount of insurance coverage may not be less than the full amount of the loan.

Order your insurance early! Delay in providing insurance coverage can delay the closing of your loan!