Tagged Questions
7
votes
1answer
169 views
Can mortgage insurance replace PMI?
So I recently bought my first house, and admittedly have no idea what I'm doing when it comes to home financing. I did not put down 20% so I have to have PMI until I pay off the principle up to 20%. ...
4
votes
2answers
203 views
What is mortgage insurance? Do you have to have it, in order to be approved by a bank?
What does mortgage insurance do? Whom does it protect? Do I need it? MUST I have it, in order to be approved by a bank for a mortgage with them?
9
votes
4answers
209 views
Homeowners: How can you protect yourself from a financial worst-case scenario?
Say your a home-owner, a first time buyer. You've just got your first flat and your about 1 year into your 25 year mortgage.
Suddenly, something goes wrong with your job, and your made redundant ...