Learn the differences between homeowners and mortgage insurance. Find out how each one protects your investment or lender and what they mean for your mortgage.

One of the biggest financial commitments you can make in life is the purchase of a home. But have you stopped to think about how your family could continue making mortgage payments if you or your ...

The mortgagee clause is a provision in a homeowners insurance policy that protects the lender from financial loss if the mortgaged property is substantially damaged or destroyed. Many mortgage lenders ...

Many potential homebuyers balk at the thought of putting down 20% of a home's purchase price to secure a mortgage. The good news is that you can get a mortgage with a much smaller down payment — but ...

Homeowners insurance mainly protects the borrower’s investment in their home, while mortgage insurance financially protects the lender’s investment in your home. Mortgage insurance, also known as ...

A home is one of the largest purchases most people will ever make and signing a mortgage is one of life’s biggest commitments. Before signing, you must understand and carefully consider every decision ...

Discover what a first mortgage is, its importance as a primary lien, key requirements, and tax benefits. Learn how it compares with a second mortgage and explore real-life examples.

Mortgage insurance allows homebuyers to purchase homes with down payments of less than 20%. This credit enhancement tool involves paying an additional charge with your mortgage to protect the lender ...