No. There are no special rules for specific types of property, i.e., 1st home, 2nd home, etc.
Q: What types of insurance are included on the GFE, Block 11, ― Homeowner‘s insurance?
A: Block 11 of the GFE contains estimates for premiums for all types of insurance (other than title insurance) that must be purchased to meet the loan originator‘s requirements to protect the property from loss, such as hazard insurance (homeowner‘s insurance), flood insurance, and earthquake insurance.
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