
Two Approaches To Mortgage Insurance
by Thomas Hanes on Jun 22, 2017
When buyers first purchase a dwelling, they are normally presented with a mortgage insurance application at their bank or mortgage broker. There are two issues that they are not told when this insurance is taken out: first, that there are often charges which are connected with the redemption of the mortgage, and second, there are severe limits for mortgage insurance taken out through a bank or mortgage company.