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Can hazard insurance be listed as POC on the HUD-1?

April 26, 2017hazard hud-1 Insurance POC

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Can hazard insurance be listed as POC on the HUD-1?

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POC is acceptable if there is evidence in the loan file proving that the premium has been satisfied (i.e. POC must read as payable to the insurance company, NOT to the lender). We will accept a paid receipt or written confirmation from the insurance agent that the policy is paid and in force.