GreenTree insurance, included in mortgage, expires. Monthly payment increases Rapid City South Dakota
Am I being ripped off? Or, is the following really acceptable financing procedure?
The mortgage had one years lot rent and five years home owners insurance included in its principal.
The insurance expired. I bought a new policy through another company. The mortgage payment stays the same.
It just seems like I'm continuing to pay for a service I am no longer receiving. Am I missing something?
Ted
Wilsonville, Oregon
U.S.A.
1 Updates & Rebuttals
Donna
Walker,Louisiana,
U.S.A.
I think what you did was finance 1 year of lot rent and 5 years of insurance.........
#2Consumer Comment
Tue, October 11, 2005
for the length of your loan.