News from Canada's Mortgage Experts
Category: Homebuyers' Top Tens
Top 10 Benefits of Mortgage Insurance # 6 & 5
Wednesday, Dec. 2, 2009
Posted by: Nick Ametrano, Vice President
Number 6 - Own and Enjoy a Vacation Property
If your financial situation is in good standing and you are thinking about buying a vacation property, there are mortgage insurance options that will allow you to do so. Be sure to ask us about what will work best for you.
Number 5 - Overcome Traditional Barriers to Financing
More and more homebuyers who may not have qualified for a mortgage are benefiting from mortgage insurance - for example, those who are self-employed or work on commission. With mortgage insurance, people who have good credit but might not meet conventional lending criteria can qualify for the financing they need.
