Introduction Choosing a mortgage lender ranks among the most consequential financial decisions homebuyers and refinancers make, with implications lasting decades. The right lender provides competitive rates, smooth processing, and guidance tailored to your unique situation, while the wrong choice can lead to unnecessary costs, closing delays, and ongoing frustration. With countless banks, credit unions, online […]

The Fundamental Purpose of Mortgage Insurance Mortgage insurance exists to mitigate risk for lenders when borrowers make down payments below 20% of a home’s purchase price. By transferring some default risk to insurers, lenders can offer loans with lower down payment requirements while maintaining acceptable risk levels. This system has significantly expanded homeownership opportunities, particularly […]