Home, wind, and flood insurance are usually mandatory in areas with regular hurricanes! All of which with separate deductibles and policies! Its great!
Also FHA loans are a trap and anyone too broke to afford a regular loan is too broke to afford a house.
Good thing insurance is mandatory for the FHA loans that all broke Americans have.
Home, wind, and flood insurance are usually mandatory in areas with regular hurricanes! All of which with separate deductibles and policies! Its great!
Also FHA loans are a trap and anyone too broke to afford a regular loan is too broke to afford a house.
Unless you paid cash for your house, you'll need insurance, regardless of the loan type. Banks aren't going to take a loss on a destroyed home.