News

For many families, college is an investment in a better financial future. But for about two-thirds of students, that future ...
If you're co-signing big student loans for your child, you may want to buy a life insurance policy while you're at it. While no one wants to imagine the death of their child, taking out insurance ...
Do you need insurance for your student loans? It’s a good question and an important one for those with substantial debt. Late payments on student loans can have a significant impact on your FICO ...
Mortgage insurance is required on all FHA loans and can’t be cancelled (unless you put down more than 10%, in which case it ends after 11 years). That said, ...
The FHA is set to reduce the annual mortgage insurance premium from 0.85% to 0.55% for most new borrowers seeking an FHA-insured mortgage. $3,500 iPhone possible?
However, FHA will remain responsible for insuring 100% of the outstanding loan balance throughout the entire life of the loan, a term which often extends beyond the cessation of these MIP payments.
The chief advantage of having credit life insurance in place is reassurance. If you were to die leaving a large loan balance behind, your policy would be there to pay it off.
Insurance is often overlooked during home buying, which is a significant milestone. Many people opt for home loans to fulfil this aspiration, and hope to pass it on to their loved ones in the future.
Just like any insurance, loan insurance entails an assurance given by the insurer to the lender that the loan will be repaid if the borrower fails to meet his obligation. 2.