insurance gives the security of a debt to be repaid in the event of defaulting
Buying a home with challenging credit, may lead to stress, then stress may lead to uncertainty which may lead to fear. A person or couple buying a home with challenging credit should not have to face uncertainty nor fear, however, this may be a traditional mistake and very understandable by those living in the situation…
New rules affecting low ratio mortgages The new rules affecting low ratio mortgages or mortgages backed by portfolio insurance are effective from November 30th, 2016. The following are new mortgage rules for low ratio mortgages, (Over 20% down payment = low ratio mortgage) The new refinancing rules have been postponed to start taking effect on May 1, 2017,…
This promotion has expired If you are looking to refinance your current mortgage this limited time promotion might help you save even further. To optimize your savings, lower your borrowing cost, better your cash flow and most of all meet the financial goals you have set for the short and medium future, consider this not…
Why Mortgage Insurance? August 31, 2012 If you only have a CHMC Mortgage loan insurance; that protects the lender against default you should consider a Mortgage protection plan to protect your self and your family against default. If banks insured their mortgages to protect themselves, why wouldn’t you protect yourself? Here are some situations during the term of…
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