For loan officers & mortgage brokers
Insurance compliance check for your borrower. Back in one business day.
Send the loan's insurance requirements and the borrower's coverage. We tell you what fails, what it takes to fix, and whether it can be fixed before closing. Free.
Insurance is one of the last conditions to clear, and it's usually cleared by someone reading a certificate. A certificate shows the limits. It doesn't show the named storm deductible, the coinsurance clause, or the sublimit that fails the loan.
So the problem surfaces late. The insurance reviewer flags a 10% named storm deductible on a coastal deal with a 7.5% cap, three days before closing. Now the borrower's agent is calling carriers in a hurry, the rate lock is running, and you're the one explaining the delay.
Found at application, the same problem is a routine fix. That's the whole service: we read the actual policy against the actual loan requirements, early, and tell you plainly where it stands.
What we check
Every requirement, against the policy itself
Valuation & coinsurance
Replacement cost on a special form, not actual cash value. A limit that trails the rebuild cost, or a coinsurance clause with no agreed value endorsement, gets flagged.
Deductibles against the caps
All other perils, wind and hail, named storm, and earthquake, each measured against the loan's maximums. Percentage deductibles are converted to dollars per building so nothing hides in the math.
Names, endorsements & notice
Mortgagee and loss payee wording, additional insured on liability, the borrowing entity named exactly as it appears on the note, and the advance notice of cancellation the loan requires.
Flood & catastrophe perils
Flood for buildings in a Special Flood Hazard Area, and wind, named storm, earthquake, or terrorism where the lender's risk review calls for them.
Business income & rent loss
The months of income coverage the loan requires, usually 12, and whether the limit actually supports that many months of rent.
Liability, umbrella & carriers
General liability and umbrella limits against the loan's minimums, including agency tables that scale with unit count, plus carrier ratings and whether a surplus-lines carrier meets the lender's standard.
How it works
Three steps, one business day
1
Send the requirements and the coverage
The insurance section or exhibit from the term sheet or loan agreement, and whatever the borrower has: the policy, a quote, a binder, or even just a certificate.
2
We check it line by line
Every requirement against the borrower's actual policy terms, not just the certificate, which rarely shows the deductibles, sublimits, or endorsements that fail.
3
You get a one-page answer
What passes, what fails, what it takes to fix each item, and whether it can be fixed before your closing date. Within one business day of receiving the documents.
Your borrower stays yours
We place insurance. Nothing else.
Reference
Guides you can send your borrowers
Lender Insurance Requirements
What CRE lenders typically require, Fannie Mae and Freddie Mac side by side, and where to find the requirements in the loan documents.
ReadFannie & Freddie Named Storm Deductibles
The 7.5% named storm cap, how it's measured, and where coastal multifamily programs fail it.
ReadForce-Placed Insurance
Why servicers force place coverage after closing, what it costs the borrower, and how to get it removed.
ReadWind & Hail Deductible Calculator
Turn a percentage deductible into dollars per building and per storm, and see what a buy-down removes.
ReadCommon questions
What does the compliance check cost?
Nothing, for you or the borrower. If the borrower decides to place coverage through us, we're compensated the way any broker is, by the carrier. If their current agent can fix the gaps, we'll tell you exactly what to ask for and that's the end of it.
Will you contact my borrower?
Not unless you ask us to. The answer comes back to you. If the program needs to be rebuilt and you'd like us to quote it, we'll work through you or directly with the borrower, whichever you prefer. We place insurance. We don't arrange financing, and we don't refer borrowers to other lenders.
What do you need from me?
The lender's insurance requirements and the borrower's coverage. When you submit the request, we email you right away with what to send, and you reply with the documents. For compliance reasons, email is the only way we accept them. For the requirements, the insurance section of the term sheet, commitment letter, or loan agreement is enough. For the coverage, the full policy or quote is best, because certificates leave out the deductibles, sublimits, and endorsements where most failures live. Don't send borrower financials, tax returns, or Social Security numbers. We don't need them.
Which loans and property types do you check?
Commercial and multifamily loans of any kind: agency, CMBS, bank and credit union, debt fund and bridge, life company, HUD, and SBA. Property types include apartments, hotels, condo associations, office, retail, industrial, self-storage, and mixed portfolios, including the coastal and wind-exposed property where most failures happen.
What are the most common reasons coverage fails?
Named storm and wind deductibles above the loan's cap, a property limit below replacement cost, a coinsurance clause with no agreed value endorsement, missing or wrong mortgagee and loss payee wording, the wrong named insured after an entity change, too few months of rent loss, and an umbrella below the agency minimum for the unit count. Almost all of them are fixable. The question is whether they're found in time.
Is it really one business day?
Yes, from when we have the requirements and the borrower's coverage documents. If something is missing, we'll tell you the same day rather than sitting on it. Large portfolios with many locations can take longer, and we'll say so up front.
Free compliance check
Send us the deal.
Tell us when it closes, and we'll email you right away with what to send. For compliance reasons, we only accept documents by email: reply to that message with the loan's insurance requirements and the borrower's coverage, and we'll be in touch within one business day.
- Pass/fail on every requirement, with the fix for each gap.
- A straight answer on whether it can close on time.
- No borrower financials, tax returns, or SSNs. We don't need them.
Book 20 minutes or call (205) 999-4884