What is EquiShield®?
EquiShield provides comprehensive all-risk portfolio protection for residential second, third or non-purchase first mortgages, second deeds of trust, closed or open-ended home equity loans and consumer lending mortgages or refinances. This coverage allows lenders to secure maximum coverage without requiring any insurance tracking or borrower follow-up on individual properties.
PFI also has a blanket hazard insurance program for residential and commercial called Portfolio Guard®. For first mortgages, commercial and REO properties, Proctor Financial offers lender-placed hazard (Mortgage Guard®) and flood (Bridge60®) as well as REO hazard (REO Guard®) insurance products on a reporting form basis.
How EquiShield benefits a financial institution
For more information, visit www.pfic.com/programbusiness, contact PFI at 800.521.6800 or e-mail us.
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