Archie

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Activity overview

Latest activity by Archie
  • Archie created an article,

    Help with Disputes

    Need to report an issue to our team? You can send us a dispute. Disputes are requests to investigate an issue that you believe Valon made on your account. Once we receive a dispute, we’ll confir...

  • Archie created an article,

    Why did my monthly payment increase?

    If your monthly payment increased, it might be due to changes to your escrow account or your interest rate. Both increases are common, and can happen at any time within a loan’s lifetime. If you ma...

  • Archie created an article,

    How can you retroactively place a lender-placed insurance policy when my preferred carrier cannot back date my policy?

    As soon as we are notified of any potential lapse in coverage, we are required to notify you. As a mortgage servicer, we are required to ensure that your property has continuous coverage for the in...

  • Archie created an article,

    How to avoid being lender-placed

    To avoid being lender-placed, you or your agent/carrier must timely present proof of having purchased your own policy. Pay insurance premiums on time and provide proof of insurance coverage on a t...

  • Archie created an article,

    Why does the lender require annual proof of insurance?

    You, as the borrower, sign and enter into a mortgage agreement when you obtain financing for your property. The mortgage agreement may make you responsible for maintaining insurance on the property...

  • Archie created an article,

    How long does it take you to update my insurance information?

    While we will make every effort to update your insurance information as quickly as possible, your account may not reflect this information for 7-10 business days, pending a review and confirmation ...

  • Archie created an article,

    Why did you not receive the insurance information from my carrier?

    We must be listed as the Mortgagee with the correct mortgagee address. Some carriers may have the incorrect address or may rely on either you or your agent to send the information to us.