Posts Tagged ‘mortgage insurance’

What Should You Do With Your Mortgage Insurance On your Taxes

What to do with Mortgage Insurance on Your Taxes Another new year is upon us and you know what that means… BOX Home Loans has the best rates!!! And… In a few months you’ll be filing your taxes!  If you’re anything like me you’ll choose to file your taxes on your own with Turbo Tax or maybe R... Read more ›

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Why Private Mortgage Insurance Exists

Why does private mortgage insurance exist? If you don’t have a lot of money to put down on a mortgage, you will probably be required by your Lender to pay for private mortgage insurance.  Many Lenders would otherwise be unwilling to take on the risk of a loan with a down payment lower than 20% Read More »... Read more ›

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Private Mortgage Insurance

Private Mortgage Insurance Private Mortgage Insurance is designed to protect the Mortgage Lender in case the borrower defaults on the loan. It provides protection in the event of a foreclosure of the property in which the Lender had financed more than 80% of the home’s value. In the event the borrower has defaulted on the Read More »... Read more ›

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