Mortgage Insurance Flyer Pile Up

Lots of Mortgage Insurance Fliers on My Desk This week 3 wonderful mortgage insurance company reps nearly bumped shoulders as they left my team's office.  The 2nd or 3rd one to visit tried to investigate the flyer the previous MI rep had dropped off on my desk in between me blinking my eyes during our conversation.  It was so fresh that I had not had time to file it away and it lay open as if to say "nana booboo I got here first" from the first to the next Mortgage Insurance rep. It's no … [Read more...]

Mortgage Insurance is a Homeowner’s Best Friend

Homeowners Should Love Mortgage Insurance Mortgage insurance premiums - the most unappreciated benefit in home ownership.  Shouldn't homeowners love something that can unlock over $90,000 in wealth building in just 5 years?   There's a saying - "we don't know what we have until it's gone."  While this is reserved for mostly sentimental matters, it applies to the often hated rarely appreciated thing called "mortgage insurance."  Why?  What if homeowners begrudgingly paying mortgage … [Read more...]

Different Strokes for Different Folks – Arizona Mortgage Insurance Options

ARIZONA MORTGAGE INSURANCE COMES IN ALL SHAPES AND SIZES] The way that a home buyer pays for their mortgage insurance varies significantly depending upon the type of loan they use and in some cases personal preference.  It is important that your Arizona Mortgage Lender helps you understand what your mortgage insurance options are.  Let's start by taking a look at what your options are loan type by loan type. CONVENTIONAL FINANCING: When is Conventional mortgage insurance … [Read more...]

Mortgage Insurance – What You Need to Know

What is Mortgage Insurance? If you are considering buying or even refinancing a home this is a question you absolutely need to know the answer to.  Lets start with the short answer.  Mortgage Insurance is an insurance policy that a home buyer or homeowner must pay if they do not have at least 20% equity in their home.  Mortgage Insurance protects the lender in case a homeowner defaults on their mortgage.  Mortgage insurance does not do anything for the homeowner other than allow them to … [Read more...]