What Is Mortgage Insurance?

What is mortgage insurance? When does it apply to me? Mortgage insurance is a premium that’s added to your mortgage when you have less than 20% down. It unfortunately doesn’t protect you, but protects the lender in the even of default.

Here’s what you should know about mortgage insurance:

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what is a mortgage renewal

What Is A Mortgage Renewal?

This is when the term of your mortgage finishes. Something most people don’t understand is your current lender may not always offer you the best