Answer:
Unless the payment of the premium was a specific requirement to obtain the loan, then no, it would not appear as paid before closing.
Hazard insurance on TRID disclosures
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Question:
If I am refinancing a primary residence, do I need to include last year's insurance on the loan estimate and closing disclosure as a POC fee? Or can I just leave it off because insurance and taxes are accounted for on my Initial Escrow Disclosure?
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