Learn the differences between homeowners and mortgage insurance. Find out how each one protects your investment or lender and what they mean for your mortgage.

Mortgage life insurance, also known as mortgage protection insurance (MPI), is designed to pay off your mortgage when you die. Some MPI policies also offer coverage for a limited time if you lose your ...

One of the biggest financial commitments you can make in life is the purchase of a home. But have you stopped to think about how your family could continue making mortgage payments if you or your ...

Not to be confused with private mortgage insurance (PMI), mortgage protection insurance (MPI) helps cover your mortgage payment if you die or become disabled and can't work. MPI is similar to life ...

Many potential homebuyers balk at the thought of putting down 20% of a home's purchase price to secure a mortgage. The good news is that you can get a mortgage with a much smaller down payment — but ...

Mortgage insurance is an insurance policy that protects the mortgage lender in case you are unable to pay back your mortgage.

Mortgage insurance allows homebuyers to purchase homes with down payments of less than 20%. This credit enhancement tool involves paying an additional charge with your mortgage to protect the lender ...