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Private Mortgage Insurance
What is Private Mortgage InsurancePrivate mortgage insurance (PMI) is a policy that protects lenders who make loans to individuals who want to buy or refinance a home, but are unable to come up with the required 20% down payment.Private Mortgage Insurance Facts:PMI plays a valuable role in expanding home ownership.With PMI, families can purchase home... : Private Mortgage InsuranceGoods in Transit Insurance
Goods in transit insurance covers personal property or other goods that are in transit from one destination to another. Private individuals can purchase goods in transit insurance, if they are moving home without benefit of a moving company. Goods in transit insurance is also part of the package if a homeowner relies on a professional mov... : Goods in Transit InsuranceWhat you should know about credit insurance
What You Should KnowPurchasing consumer goods on credit is an everyday occurrence. Whether it is a major purchase like a home or car, or lesser purchases such as appliances, electronics, clothes, jewelry, it is very difficult to function without using some type of credit. If you use a form of credit – such as a standard credit card, a home mortgage or a credit card from a jewelry appliance or department sto... : What you should know about credit insurancereverse mortgage
A reverse mortgage is a loan against the equity in the home that provides tax-free cash advances, but requires no payments during the term of the loan. Since there are no monthly payments during the life of the loan, the balance grows larger and the equity gets smaller.The loan is not due and payable until the borrower no longer occupies the home as a princi... : reverse mortgageFor more information about private mortgage insurance: cat insurance?
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