21 Sep Mortgage Insurance
One of the greatest assets you will ever own in your lifetime is your home. Protecting it with mortgage insurance from the unexpected events that can occur is vital. When applying for a mortgage through a lender, a popular question the representative will ask is, “Would you like mortgage insurance to pay off your mortgage in the event something happens to you and your spouse?” Of course, this all sounds good, but there are a few questions you as a consumer must ask in return. Don’t be misled by what you think you are applying for. Know the difference between Creditor Mortgage Insurance and Individual life insurance.