Tag: mortgage insurance

I Keep Hearing “This Loan Insured By,” What Does It Mean?

Without the invention of mortgage insurance, people with less than 20 percent down probably wouldn’t be able to purchase a home, period. Find out what it is and why it’s needed.

Why FHA Loans Are Now More Expensive (And Why You May Still Want One)

FHA has made some changes over the past year, making their home loans more expensive. Yet, for some buyers, it may still make sense to get an FHA loan vs. a conventional loan.