If you're considering taking the big step towards homeownership, it's essential to understand what's involved when it comes to your finances. When purchasing a home, you'll need to make a down payment. This down payment is the initial amount of money you pay towards the total purchase price of the h...
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Blog tagged as Uninsurable
So, you're thinking about refinancing your mortgage? Well, let me break it down for you. Refinancing your mortgage can be a great way to potentially save money, but like anything in life, there are pros and cons to consider. Let's start with the pros. One of the biggest advantages of refi...
Sure, let's dive right into the topic of mortgages and specifically look at the differences between insured, insurable, and uninsurable mortgages. First, let's start with what an insured mortgage is. An insured mortgage is a type of mortgage that is backed by mortgage insurance. Mortgage insurance i...