Mortgage Protection

Mortgage protection insurance can save a house — and more

  Taking out a mortgage can be a scary prospect. Now imagine if one of the household’s breadwinners dies. How will you make the payments? Mortgage protection insurance covers this potential financial disaster. You can purchase a policy when you first buy your home. Often you must buy it within a certain time period after …

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What’s the Difference Between PMI and Mortgage Protection Insurance?

  By Amy Loftsgordon, Attorney Many homeowners are confused about the difference between PMI (private mortgage insurance) and mortgage protection insurance. The two are very different — and it’s important to understand the distinction between them. It is not uncommon for homeowners to mistakenly think that PMI will cover their mortgage payments if they lose their …

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