need help with a mortgage loan – question about “statement of anti-coercion Florida” – which option to choose?

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Hello I am helping someone who is refinancing their home loan! Funny because I have no clue about loans and banks. One page is that was not check marked for us is the “STATEMENT OF ANTI-COERCION FLORIDA” page where it is ‘required under rule 69B-124.002, F.A.C., of the rules and regs promulgated by the chief financial officer relative to anti -coercion

What does this mean:

I have selected the _ Insurance Agency, or _ Insurance Company to write the hazard insurance covering property located at…

does this mean they already have an existing/seperate home owner’s insurance aside from the mortgage company?

I’m pretty confused, and help would be greatly appreciated 🙂

3 Comments
  1. Reply
    Joke
    February 13, 2011 at 9:14 am

    I am Rev, Famous James, a Legitimate, Reputable money Lender. We are a company with financial assistance. We loan funds out to individuals in need of financial assistance, that have a bad credit or in need of money to pay bills, to invest on business. I want to use this medium to inform you that we render reliable beneficiary assistance as I’ll be glad to offer you a loan.

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  2. Reply
    Debby
    February 13, 2011 at 9:27 am

    Get a legitimate money lender who offer loans @4% fixed interest rate to all individual and organization applicants!

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  3. Reply
    Noneya
    February 13, 2011 at 10:07 am

    No, it means that you picked you own insurance provider.

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