Lender’s mortgage insurance explained
Lender’s mortgage insurance explained Find out what lender’s mortgage insurance is and how it could affect your home loan and what you pay back. Lender’s mortgage insurance is something you can probably expect to pay if you’re borrowing more than 80% of a property’s purchase price. We explain what it’s for, who arranges it and some potential ways you may be able to avoid it. What is lender’s mortgage insurance for? When it comes to …