Mortgage Insurance: A Comprehensive Look At the Options

Some people don’t like mortgage insurance because the borrower pays it and the lender gets the benefit.  What these people don’t understand is that this isn’t entirely true.  In actuality, lenders wouldn’t loan over 80% of the purchase price (ie. 80% loan-to-value) if mortgage insurance didn’t exist to protect the lender from default.  Even with […]

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