Home Loan Insurance – Protect Your Investment
When purchasing a home, it’s essential to safeguard your investment. Mortgage insurance provides this protection for both the lender and borrower in case an unforeseen event occurs. Mortgage insurance comes in many forms, such as private mortgage insurance (PMI), government mortgage insurance for FHA and VA loans, and mortgage life insurance. It’s an integral part of the home-buying process and can save you money over time. It protects the lender Home loan insurance protects the lender in the event you cannot make your mortgage payments.