@moneymatriarch: Mortage insurance is underwritten at time of death. Aka after your dead. Life insurance outside banks is underwritten at contract. . No you dont have to get mortgage insurance; get a proper policy outside the bank to truly protect your loved ones. Need help? Comment help #insurance #mortgage #lifeinsurance #wealthbuilding #moneytips #realestate #greenscreen
Colleen Tatum
Region: CA
Thursday 24 August 2023 19:02:23 GMT
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Bryanna Oostrom :
I got life insurance over mortgage insurance, smarter move !
2023-08-25 11:07:08
21
Kristian :
They can’t force you to get it from THEM but they can require it. You can then get it from someone else.
2023-08-25 13:30:55
16
User863500327 :
I was told I HAD to get it in order to get my mortgage as a first time buyer
2023-08-25 11:40:52
2
jonathan.lipson :
It’s like folks have never seen The Rainmaker
2023-08-25 07:44:28
0
user4559940415697 :
What about a Line of Credit on your home? Can you have private insurance and what kind is best?
2023-08-29 21:04:20
0
Ninjette 🇨🇦 :
just get life insurance. at least then there is a guaranteed amount paid out to beneficiary not just the balance of your mortgage direct to the bank.
2023-08-29 19:17:00
0
Burgundian83 :
I thought we had to get this if we put a down payment less than 5% ?
2023-08-30 20:21:57
1
thealanareid :
What would you suggest we research instead?
2023-08-29 15:19:02
0
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