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Mortgage Life Insurance Rates – MortgageLifeInsuranceRates.com

Mortgage Life Insurance Rates – MortgageLifeInsuranceRates.com | Mortgage Insurance | Scoop.it
Find affordable mortgage life insurance rates right at your fingertips and compare from over 50 insurance carriers who are all competing for you business.
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Life Insurance Means Security - Waterway Financial Group, LLC.

Life Insurance Means Security - Waterway Financial Group, LLC. | Mortgage Insurance | Scoop.it
Your home for buying term life insurance online: contact us today for a free quote, or visit our site to view one in less than a minute.
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FHA raises mortgage insurance, for life of loan

FHA raises mortgage insurance, for life of loan | Mortgage Insurance | Scoop.it
The Federal Housing Administration announced major changes this week. The changes include raising down payments on loans above $625,000, access to FHA after foreclosure and continuing efforts to improve risk management.

Via Russ Bergeron
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Do You Really Need Mortgage Insurance? - The Epoch Times

Do You Really Need Mortgage Insurance? - The Epoch Times | Mortgage Insurance | Scoop.it
Do You Really Need Mortgage Insurance?
The Epoch Times
If you already have life insurance, whether term, universal, or whole life, and it's at least for the amount of your mortgage, you're already covered.
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How To Get Rid Of Private Mortgage Insurance - Investopedia

How To Get Rid Of Private Mortgage Insurance - Investopedia | Mortgage Insurance | Scoop.it
How To Get Rid Of Private Mortgage Insurance
Investopedia
Don't confuse PMI with mortgage life insurance, which goes to you (or your beneficiaries) to pay off your mortgage if you die or become disabled.
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Mortgage Life Insurance: Who Gets the House? - Fox Business

Mortgage Life Insurance: Who Gets the House? - Fox Business | Mortgage Insurance | Scoop.it
Mortgage Life Insurance: Who Gets the House?
Fox Business
When the mortgage company is the beneficiary of your life insurance, it means the policy's proceeds go toward paying the mortgage upon your death.
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The Life Insurance Blog | Online Term Life Insurance

The Life Insurance Blog | Online Term Life Insurance | Mortgage Insurance | Scoop.it
You may still have a few questions about term life insurance, but we give you the answers to feel confident in your purchase.
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Mortgage Life Insurance Rates | Visual.ly

Mortgage Life Insurance Rates | Visual.ly | Mortgage Insurance | Scoop.it
This is a fun mindmap of whether or not someone really needs life insurance to cover their mortgage. Mortgage life insurance is a relatively unpopular
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Best Mortgage Insurance - OPTION1 MORTGAGES & LIFE INSURANCE

Best Mortgage Insurance - OPTION1 MORTGAGES & LIFE INSURANCE | Mortgage Insurance | Scoop.it
 
Mortgage insurance is offered to you by most banks and lending institutions when you buy a home or refinance your existing mortgage in Ontario.  This type of mortgage insurance pays off the balance of your mortgage to the lending institution when the person listed on the mortgage passes away.
 
This Type of Mortgage Insurance is Not The Best Choice
 

The amount payable decreases with the balance of your mortgage but the premiums don’t

Via Marianne Lalonde
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Marianne Lalonde's curator insight, April 15, 2014 11:24 AM

MORTGAGE INSURANCE FROM A LENDER OR PRIVATE LIFE INSURANCE 

 

Mortgage insurance is offered to you by most banks and lending institutions when you buy a home or refinance your existing mortgage in Ontario.  This type of mortgage insurance pays off the balance of your mortgage to the lending institution when the person listed on the mortgage passes away. 

 

This Type of Mortgage Insurance is Not The Best Choice 

 

  • The amount payable decreases with the balance of your mortgage but the premiums don't 


  • The benefit gets paid to the lending institution rather than to the person you choose. This then becomes part of your taxable estate 


  • The premiums might remain level throughout the life of the policy, but there is no guarantee they won’t increase 

 

LIFE INSURANCE AS MORTGAGE INSURANCE - A BETTER CHOICE 

 

A better choice would be private life insurance owned by you. 

 

It could be used to pay off the remainder of your mortgage and it also has many benefits which make it a better choice. 

 

Some of the additional benefits to private life insurance are 

 

  • Provides protection for you and/or your spouse 


  • Your choice of a specific period of time or your entire life 


  • You choose how to allocate the proceeds 


  • You can purchase as much insurance as you like; not limited to the amount of your mortgage 


  • Benefit and premium can be guaranteed to never go up or down for the term of the policy 


  • You choose the beneficiary and the proceeds are not taxable 

 

 

Call (800) 722-7172 or use our 30 second formfor a free consultation. 


Option1 mortgages provides mortgages in Ontario starting at 2.35%. You can get the best mortgage rates here and get a free, no obligation mortgage approval here.


Option1 Mortgages & Financial can also help you with mortgage or life insurance products. 


 #mortgageinsurance    #lifeinsurance    #option1    #opt1mtgfin

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What is Mortgage Life Insurance and Do You Need it

See More Info : http://best-life-insurance-quotes-reviews.blogspot.com/
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Mortgage Protection Life Insurance is Important? Learn Why Canada

http://www.trustco.ca Mortgage Protection Insurance for Canadians is important.. We tell you why. Frequently asked questions: Is mortgage protection life ins...
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Genworth Mortgage Insurance Chief Appraiser One of First 30 in Nation to Earn ... - Wall Street Journal

Genworth Mortgage Insurance Chief Appraiser One of First 30 in Nation to Earn ... - Wall Street Journal | Mortgage Insurance | Scoop.it
Genworth Mortgage Insurance Chief Appraiser One of First 30 in Nation to Earn ...
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