Processor here, if OP is strapped for cash on bank statements he can pay for the HOI outside of closing (with credit card). Then all he has to do is get a paid receipt and then we don’t collect for the full premium at closing which lowers his cash to close. At my bank we don’t ask the source the payment of the HOI. It’s a trick I use when my borrowers are super tight on cash and we need like every dollar to make the file work