Vendors Single Interest (VSI) / Blanket Lenders Single Interest (BLSI)
Offered by Lawrence Victoria, Inc.
Description
Coverage Options:
Non-Real Estate Collateral.
Overview:
Verify insurance at loan closing, and no further tracking or force placement is required on most loan portfolio segments. May offer other coverage’s besides physical damage.
Benefits:
Eliminates all time spent tracking and force placing; coverage is always in place; don’t have to send any letters or charge borrowers expensive insurance policy.
Ideal User:
Servicers with a low percentage of borrowers who use LPI and want to reduce expenses; eliminate the hassles of lender placement and maintain a positive community reputation.
We work direct with the insured or via sub-agents.
We have worked with agents since 1976 to help you grow your business by offering superior programs, pro-active compliance support and high touch service. Agent partners tell us we are the most attentive and competitive partner they have ever worked with.
Non-Real Estate Collateral.
Overview:
Verify insurance at loan closing, and no further tracking or force placement is required on most loan portfolio segments. May offer other coverage’s besides physical damage.
Benefits:
Eliminates all time spent tracking and force placing; coverage is always in place; don’t have to send any letters or charge borrowers expensive insurance policy.
Ideal User:
Servicers with a low percentage of borrowers who use LPI and want to reduce expenses; eliminate the hassles of lender placement and maintain a positive community reputation.
We work direct with the insured or via sub-agents.
We have worked with agents since 1976 to help you grow your business by offering superior programs, pro-active compliance support and high touch service. Agent partners tell us we are the most attentive and competitive partner they have ever worked with.
Offered By
Availability 50 states + DC
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Covered
Not Covered
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