I recently refinanced my house and was assured several times (by the broker and closing agent)that if the house sold within 1 year that 4/5ths of the pre-paid insurance,$4100.00, (on an FHA loan) would be refunded. The house sold in a few weeks, I never made a payment on the new loan. After receiving the payoff statement from mortgage co. I called to see when and how much the refunded insurance would be.I was told zero as the rules had changed etc. etc. So I essentially paid $4100.00 for 2 months of insurance (you can understand my anger!) Does the law protect me in this case(trusting the agents verbal assurances ) Is this mortgage co. legally responsible to fork over the 4/5ths of $4100.00 after making multiple verbal assurances in regard to the above?

Thank You in Advance!

They are obligated to anything that you signed in writing on this insurance, Read the application and the rules for it. What they are obligated to is what you signed in writing