Have you found the house of your dreams in Calgary and can’t wait to purchase it? Well, being covered under a Calgary mortgage insurance policy could speed up the process and maybe even help you save money in the process.
Each year mortgage insurance policies assist hundreds of Canadians in purchasing the house of their dreams. How this policy works is simple—it protects the lender and investor from losses related to borrower default and foreclosure. By purchasing this policy, a homeowner effectively makes himself or herself become a more appealing prospect because let us be honest, lenders and investors are running businesses and they care most about losing money due to default and foreclosure.
As a buyer, you gain several things by being covered under a mortgage insurance policy. Not only does it make the process of buying a house faster—sometimes there is an opportunity to purchase a house with a lower down payment. It’s not uncommon for people covered under a Calgary mortgage insurance policy to purchase a house with as much as five percent down.
So if you’re thinking of purchasing a house, there really isn’t any reason why you wouldn’t also want to consider purchasing a mortgage insurance policy.
Unfortunately, the majority of people absolutely dread the process of buying any type of insurance coverage. If you’re among this group, then you’ve come to the right place. The expert brokers at Rogers Insurance make the process easier than ever by providing you with a free Calgary mortgage insurance quote. This comes with no obligation whatsoever and is the perfect way for you to acquaint yourself with this policy and what it entails.
So what are you waiting for? Request your free insurance quote today so that you can unlock the door of your dream house at last!