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Consumer Loan Applicant FAQ

FAQs

We do require proof of insurance for each individual loan, so even if you have provided this before, we will need a new Insurance Binder and evidence HomeStreet Bank will be added as loss payee. We require comprehensive and collision coverage, with a maximum deductible of $500. If your loan is approved, we will verify this coverage and that we have been added as a loss payee on your policy.

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