Discover how the Homeowners Protection Act helps you cancel unnecessary PMI. Save money by understanding your mortgage insurance rights and equity requirements.
Discover how mortgage life insurance can protect your home, its benefits for families, and essential considerations when choosing a policy to cover mortgage debts.
Mortgage life insurance, also known as mortgage protection insurance (MPI), is designed to pay off your mortgage when you die. Some MPI policies also offer coverage for a limited time if you lose your ...
Not to be confused with private mortgage insurance (PMI), mortgage protection insurance (MPI) helps cover your mortgage payment if you die or become disabled and can't work. MPI is similar to life ...
One of the biggest financial commitments you can make in life is the purchase of a home. But have you stopped to think about how your family could continue making mortgage payments if you or your ...
Many potential homebuyers balk at the thought of putting down 20% of a home's purchase price to secure a mortgage. The good news is that you can get a mortgage with a much smaller down payment — but ...
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What is mortgage insurance?
Mortgage insurance is an insurance policy that protects the mortgage lender in case you are unable to pay back your mortgage.
Mortgage insurance allows homebuyers to purchase homes with down payments of less than 20%. This credit enhancement tool involves paying an additional charge with your mortgage to protect the lender ...
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