insurance

Home insurance is necessary to protect you in the face of disaster. Just because it’s necessary doesn’t mean you have to overspend on it, though. In fact, you should make it a habit to shop your homeowner’s insurance every year. This way you know you are getting the best rates possible. Looking for Current Mortgage Interest Rates? Click Here. Before you start shopping around, consider the following factor...

If you take out an FHA loan, you’ll pay mortgage insurance for the life of the loan. The mortgage insurance protects your lender should you default on the loan. It’s in exchange for the low down payment requirements and flexible underwriting requirements the FHA offers. Get Matched with a Lender, Click Here. Just how much does the FHA MIP affect your mortgage payment? We take a look below. UPFRONT MORTGAGE ...

Every homeowner understands the importance of protecting their homes. Which is why many would take the necessary measures to make their homes a safe place to live in. However, we can’t protect our homes from everything. Whether it’s caused by a natural phenomenon or any other unfortunate circumstances, anything can still happen at any given moment. Other than doing preventive measures to reduce the possibil...

FHA mortgages always include mortgage insurance. It’s not just until you owe less than 80% of the home’s value either. You pay the mortgage insurance for the life of the loan. While that’s not the best news you want to hear, the good news is that the insurance does decrease over time. Compare Offers from Several Mortgage Lenders. Keep reading to learn how mortgage insurance affects your payment to...