blog image

23

Jun, 2020

What Is Mortgage Insurance?

When it comes to putting a down payment on a house, most lenders are going to ask for 20 percent; however, some lenders will be willing to accept a smaller down payment in exchange for something else. That something else is usually mortgage insurance. If a lender says they are asking for mortgage insurance, which is also shortened to PMI, it is important for everyone to know what this means.
blog image

18

Jun, 2020

Should You Buy A Home Warranty?

When you buy a new house, the first thing you want to do is protect your investment. You already have property insurance. Should you also buy a home warranty? What Is A Home Warranty? A home warranty isn?t the same thing as insurance. Home warranties are service contracts. If a covered item breaks down and it?s covered in the terms of the warranty, the home warranty company will pay to fix or replace that item.