Talk of The Villages Florida - View Single Post - Is homeowner self insurance possible in The Villages?
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Old 05-08-2024, 01:41 PM
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Quote:
Originally Posted by mikemalloy View Post
I'm suggesting that we form our own insurance company. Why would individuals with a mortgage not be able to purchase a policy through it?
Good luck obtaining a financial rating for a localized group of residents. Would never happen. Even loans provided by CitizensFirst are written to Fannie guidelines.

General Property Insurance Requirements for All Property Types | Fannie Mae