Fort McMurray Mortgage Insurance – Get a Free Quote
Purchasing the home of your dreams can be a lengthy and exhausting process. But did you know that it could be made simpler and shorter? (Maybe even slightly less expensive, too!)
Have you ever heard of mortgage insurance coverage? If you aren’t familiar with this type of coverage, here’s what you need to know: lenders and investors are in the business of making money, not losing it. So when they’ve got homebuyers interested in making big-ticket purchases like buying a new home, they want to know that they’re protected too.
When you make sure that your assets are covered under an insurance policy, you’ve showed them that you’re a valuable home-owner and loan-owner prospect.
As you probably already guessed, a mortgage insurance policy covers lenders and investors against foreclosure and borrower default. In English, this means that should you (the policy-holder, the home-owner and the loan-owner) somehow become unable to pay your loan, the lenders and the investors won’t be negatively affected.
Did you know that homeowners could potentially save money by acquiring this policy? That’s right—some people can purchase the home of their dreams with as much as 5% down.
Rogers Insurance North provides coverage to people of Fort McMurray and area. So if you’re interested in learning more about how a Fort McMurray mortgage insurance policy could benefit you, then we encourage you to request a free insurance quote today.