Proctor Financial, Inc.

Why Partner With Us?

Proctor Financial has established relationships with multiple AM Best carriers rated "A-" or better. The result — exceptional program flexibility and stability backed by the proven performance of a leader:

A legacy of experience 125 years strong
Pioneer of lender-placed insurance
Trusted by over 1,600 lenders nationwide
Over $23 billion of coverage in force

Contact Us

Phone: 800.521.6800
Fax: 248.269.5735
Email: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

200 Kirts Boulevard
Suite 100
Troy, Michigan, 48084

Affiliations / Partnerships

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Products

Portfolio Guard® • Blanket Mortgage Hazard Insurance

Portfolio Guard^®

Blanket Hazard Insurance

Portfolio Guard provides all-risk property coverage for residential and commercial first mortgages, second mortgages, HELOC’s and individual condominium loans, while allowing lenders to eliminate burdensome insurance tracking and borrower follow up. With Portfolio Guard, the lender no longer needs to track and report on individual properties.

Overview

Single Blanket Insurance Policy

• No individual properties to report

All-Risk Coverage on Residential and Commercial properties.

• Excludes Flood and Quake

Lender’s Security Interest Covered

One Annual Premium based upon:

              • Portfolio size
              • Lending activity
              • Geographic spread

Borrower’s insurance verified once at loan closing

Policy responds if an uninsured physical damage occurs to a mortgaged property

Losses are adjusted up to mortgage balance on a replacement cost basis, if the property is repaired; otherwise actual cash value.

Per occurrence limits from $250,000 to $5,000,000.

Portfolio Guard®

Portfolio Guard^® Program Summary

Portfolio Guard^® Application

To learn more about our Portfolio Guard^®insurance solution, call 248.269.5833.