09/03/2026
Loan Officers: How often does an overlooked hazard insurance quote stall your initial CD?
Rising property insurance premiums across the country mean replacement cost estimates and deductible structures are under heavier scrutiny than ever.
The Fix: A proactive contract processor reviews the insurance binder the second it comes in - confirming proper loss-payee clauses, deductible limits, and coverage numbers so your initial CD goes out without a hitch.