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Statements of Anti-Coercion

The Statements of Anti-Coercion is required by the State of Florida and is an acknowledgement by the borrower that indicates that the bank did not require the borrower to use a specific insurance company/agent.

 

This document is included with the loan package provided by Loan Doc Prep and is required when the: 

  • Loan is to a borrower in the state of Florida
  • Collateral is located in the state of Florida
    • Secured by real estate with a structure
    • Secured by a 1-4 family dwelling with or without land

 

If loan documents have been signed through IMM Esign or Esign-Web, document will be automatically transferred to the loan file. If all documents are wet signed, send to loan servicing in the designated bag.

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