Some of the services we offer
We have a range of offerings that are increasing every day, so if you don't see something that you need as a lender give us a call at 888.600.4436. Our three most requested offerings are VSI, GAP and Mortgage Hazard
There is an alternative to lender placed hazard insurance!
Vendors Single Interest (VSI) or as it is often called Lenders Single Interest (LSI) insurance is blanket protection for a lenders interest in most types of loan collateral including vehicles, equipment, and other personal property. The product has numerous coverage options including:
Premium is rated and collected on a per new loan basis or as a factor of monthly outstandings. In most states, the per loan fee may be disclosed and collected from the debtor at loan origination. A number of deductible and limit options are available. Click here and complete the form, or contact LRM here for a free competitive rate quotation.
We have provided a comprehensive on-line tool for VSI that is easy to use while still being flexible and powerful to provide great customer services. Click here to learn more about our on-line VSI tool.
WHAT IS GAP?
Lenders Risk Services Hazard Insurance Program offers insurance protection on real property, both residential and commercial, for uninsured loans. All-risk coverage is provided for residential properties and named-perils coverage insures commercial exposures. Flood coverage, both voluntary NFIP and forced-placed, can be easily effected assuring compliance. Contact LRM to streamline servicing and eliminate this exposure.
Key Features Include:
We have provided an on-line tool for Hazard that is easy to use while still being flexible and powerful to provide great customer services. Click here to learn more about our on-line Hazard tool.
We pride ourselves on providing a full range of products for our clients with a level of service unparalleled in the industry. Please consider giving us a chance to exceed your expectations today.
Why choose us?
The leadership team has over 100 years combined industry experience. We promise to treat every claim with respect and professionalism. Experienced enough to handle your needs but still small enough to provide a personal touch.