Mark's Mortgage Minute

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Understanding Mortgage-related Insurance

When you buy a home with a mortgage, you will be required to pay all sorts of insurance, including homeowner’s insurance, title insurance and private mortgage insurance. What are all these policies and why do you have to pay for them? Homeowner’s Insurance Homeowner’s insurance is a policy that protects you against loss if your property or any structures on it are damaged. This covers damage from fire, storms, and vandalism. If you are unable to live in your home because of one of these issues, the insurance will also cover the cost of temporary housing while your home ...

June 3rd, 2020 Understanding Mortgage-related Insurance

Mark Moyes (NMLS# 267431)

Phone: 801-999-0886 | Fax: 888-835-4067
910 East 6600 South,
Salt Lake City, Utah 84121
Intercap Lending (Corporate NMLS# 190465)
www.nmlsconsumeraccess.org

Intercap Lending NMLS: 190465