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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