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How long are you required to have mortgage insurance?
You will need mortgage insurance as long as you still have a balance to pay on your mortgage, so in essence for as long as you have a mortgage.
How long do you have to be paying on mortgage insurance before it will payoff on a death of one of the mortgage holders?
This depends on the Terms and Conditions of the Policy, you will find these on the Policy Document itself.
How long do you pay for mortgage insurance premium?
You have the option to get a mortgage insurance for the length of your mortgage contract, or you can choose 10 years, 15 years, 20 years, 40 years, etc.
How long Is the Mortgage Insurance Premium paid?
Could be paid for full term of your entire mortgage or paid off in full.
Do FHA regulations prohibit a insurance agent from originating FHA mortgage loans?
You can as long as your new profession isn't mortgage industry related.
How long do points stay on your license for no insurance?
when do points come of license for insurance
How long must you have a first mortgage before you can get a second one?
One day.
How long does it take a bankrupt insurance co to do a runoff?
Depends on the type and length of the policies (yearly car policy vs. mortgage insurance vs. whole life).
If your new home owners insurance policy rate are too high do you have to accept it?
You don not have to accept a home owner's Insurance policy that you deem to be too high. Your mortgage company generally will require you to have home owner's insurance, but you can shop around for a competitive price so long as it meets the requirements of the mortgage holder.
Can mortgage brokers help people with bad credit get a home mortgage loan?
Yes, a mortgage broker can help people with bad credit get a mortgage loan. They specialize in this area and can facilitate discussions between the buyer and financial institutions. While you will always need to pay for any liens and judgements before closing on a mortgage, they may be able to help you with inaccuracies. Avoid folding these expenses into your mortgage. It will cost you more over time since this type of mortgage will be at a higher percentage of interest plus mortgage insurance. It may be wiser in the long run to clear these expenses and to save for a 20% down payment than to jump into a mortgage at this time.
What should one know before they refinance a home?
Before a homeowner refinances a home, they should consider how much less a mortgage payment will be after a refinance. They should also consider the differences between a fixed rate mortgage and an ARM mortgage rate. These factors can dictate how long it will take to repay a mortgage.
What is the genworth all about?
Genworth Financial is one of the Fortune 500 companies. This company specializes in life and long term care insurance, wealth management, mortgage insurance, lifestyle protection insurance, annuities, and senior supplement insurance.
