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HomeForumsQuestions About BiggerPockets & Official Site AnnouncementsHELOC hazard insurance for the lender
Lisa Sluss's profile image
Lisa Sluss's profile image
Lisa Sluss
  • from Atlanta, GA
  • Member since Sep 5, 2019
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Lisa Sluss's profile image
Lisa Sluss's profile image
Lisa Sluss
  • from Atlanta, GA
  • Member since Sep 5, 2019
Connect
Lisa Sluss
  • Atlanta, GA
29
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43
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Questions About BiggerPockets & Official Site Announcements

HELOC hazard insurance for the lender

Lisa Sluss
  • Atlanta, GA
Posted Jan 6 2020, 09:45

I'm at the end the application process for a HELOC with Wells Fargo. The last document they need is a hazard insurance policy stating that they are the beneficiary should my rental be destroyed. Is it ok to do this before I'm approved?

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