What is Mortgage Insurance?

The post What is Mortgage Insurance? by Melinda Sineriz appeared first on Benzinga. Visit Benzinga to get more great content like this.

Saving 20% for your down payment on a house can be tough, but many lenders will work with you on a smaller down payment. Lenders can take this risk because mortgage insurance offers financial protection if you — the borrower — stop making payments. How Does Mortgage Insurance Work? Mortgage insurance is a type of … Continued

The post What is Mortgage Insurance? by Melinda Sineriz appeared first on Benzinga. Visit Benzinga to get more great content like this.