Home Insurance FREE Quote | HDA Insurance

If a homebuyer makes a deposit of 20% or more, the banks typically believe that there is a much lower level of risk thereby not requiring mortgage insurance.

December 22, 2020

Mortgage Insurance, Hazard Insurance & Homeowners Insurance

Mortgage Insurance is commonly referred to as PMI (Private Mortgage Insurance) which compensates banks and mortgage companies for losses due to the default of a mortgage […]