Mortgage Insurance is typically required by lenders when homebuyers make a down payment of less than 20% of the purchase price.
Choosing how to protect the single largest asset you will likely own, requires an understanding of how this should be protected in the event of an untimely passing. Family members are understandably distraught under such circumstances and having your affairs in order makes this difficult time more manageable.
Confirming the benefits you will receive and how they will be paid off is critical to making this transition as easy as possible.
Many times what we think we own is vastly different than what we really have. Making sure your largest asset is secure is one step to eliminating unnecessary worry.