NO, YOU DON’T HAVE TO REFINANCE JUST TO CANCEL YOUR MORTGAGE INSURANCE

I repeatedly receive telephone calls from consumers looking to refinance their conventional mortgage simply to drop their expensive monthly mortgage insurance. A refinance is not necessary to accomplish this! A refinance is a costly way to accomplish something than can … Continue reading

WHAT IS MORTGAGE INSURANCE?

Mortgage insurance (MI) provides financial protection to Lenders and Investors in the event a homebuyer defaults on their mortgage.  Mortgage insurance does not provide mortgage life insurance which would pay off your mortgage in the event one were to be come … Continue reading