Author Topic: Do i need a mortgage insurance first?  (Read 261 times)

Offline SpinningGenius

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Do i need a mortgage insurance first?
« on: November 17, 2013, 07:03:10 PM »
I'm so con*sed in getting home loans; will I need to purchase private mortgage insurance before I can get home loans?
« Last Edit: November 17, 2013, 07:03:10 PM by Guest »
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Offline InternetInside

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Re: Do i need a mortgage insurance first?
« Reply #1 on: November 20, 2013, 04:07:00 PM »
For some, yes. Maybe because homeowners with private mortgage insurance have to pay a hefty premium for an insurance policy, and it doesn't even cover them. Private mortgage insurance offers zero protection for the borrower. Another advantage of having mortgage insurance is that, you probably could get better protection through a life insurance policy.
« Last Edit: November 20, 2013, 04:07:00 PM by Guest »
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Offline 777Ginger

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Re: Do i need a mortgage insurance first?
« Reply #2 on: October 29, 2013, 05:44:19 PM »
I'm sort of con*sed about this private mortgage. What is that and how can I use it with my mortgage insurance?
« Last Edit: October 29, 2013, 05:44:19 PM by Guest »
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