Americans insure their cars, lives and homes. Does this mean that when the offer to insure the life of your mortgage comes in the mail that you should insure this too? Mortgage life insurance is an offer that typically comes from your lender and the message can be quite compelling. With a mortgage life insurance policy in place, if something happens to you, your heirs will not have to worry about making your home loan payments. As is the case with most financial decisions, however, there are pros and cons to buying mortgage life insurance. Let’s explore them.
Posts Tagged ‘mortgage insurance’
Mortgage Life Insurance: Is It Worth the Cost?
April 1, 2011Take a Ride on the FHA Express!
June 16, 2008By: Greg Lundgren Greg Lundgren is a Home Loan Expert with Quicken Loans and brings more than six years of mortgage experience to share with you on the Quizzle Blog. Greg specializes in FHA financing and enjoys helping people get into the right mortgage for their unique circumstances. The Federal Housing Administration (FHA) has been helping people become [...]
Ten Tax Laws That Could Save You Money
February 12, 2008Tax season is upon us and while procrastination seems to be the season’s theme, why not let getting money back from Uncle Sam be a motivator to git’r’done?! I know, not everyone gets a refund, but many of us do and for me, that’s the single biggest reason I already have my 2007 taxes finished [...]
