Down payments and mortgage insurance are closely related, so before we talk about down payment options, let's back up a little and address a few
questions about mortgage insurance...
Asked about mortgage insurance — which almost one out of every two homebuyers in Canada must buy and which can add thousands of dollars to the price of a house — Cran draws a blank.
If you are interested in protecting your family from mortgage that when you die, it may make more sense to get term life insurance instead, but since all situations are unique you should learn more
about mortgage insurance vs term life insurance.
I've received a few questions over the past
month about mortgage insurance and decided to enlist the expertise of a veteran mortgage advisor, Troy Toureau of McLean Mortgage for this week's column.
I believe that it might be
about mortgage insurance.
If you have any questions about getting the perfect life insurance or
about mortgage insurance, please contact one of our agents today, and we would be happy to answer those questions and ensure that you're getting quality and affordable life insurance protection
Now, don't freak out
about the mortgage insurance.