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Home > Homeowners > If I pay off my mortgage, refinance or pay off a home equity loan, who do I need to notify?

March 5, 2011

If I pay off my mortgage, refinance or pay off a home equity loan, who do I need to notify?

In the past few years there has been a flurry of refinance activity. Home equity loans and home equity lines of credit are very popular. If you pay off a mortgage or take a new loan, the interest of the financial organization must be added or deleted. The insurance company or agent is often not notified when a loan obligation is satisfied. Communicate any changes to your agent, review your renewal policy, and make sure interests listed are correct.

 

Filed Under: Homeowners

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Cindy & Mike Whitby, Whitby Jewelers, Collegeville

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TR Insurance Group

346 East Main Street
Collegeville, PA 19426
[email protected]
610 489 6911
Fax: 610.489.9619
Toll Free: 800.222.3340

We are a Trusted Choice independent insurance agency in Collegeville, PA providing auto, home, business, life, health and group insurance in PA, DE, MD and NJ.

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