If you provide false information on your mortgage application, it constitutes mortgage fraud. Most applicants add a white lie or two on their forms, often because they do not know how serious the issue is, or worse, because their real-estate agent suggested they do so and assured them that there is no harm in doing …

A mortgage is not a home loan. Most Americans refer to their home loans as mortgages. However, there is a significant difference between the two. It is a security instrument that you give to the lender, a document that protects the lender’s interests in your property. Here are a few facts about mortgages: There are …

In the second aricle on health insurance options when taking on a mortage, today we look at critical illness insurance. This insurance pays you a lump sum (a one off payment) if you are a victim of a limited number of critical illnesses. If you contract one of these critical illnesses, chances are that you …

This week we will be looking at different types of health insurance that you can take when taking a mortgage, to ensure both payment of your mortgage and to protect you and your family from reposession of your home in the event of a tragedy. In the first of two artciles this week, we look …

Mortgage indemnity insurance is something that comes up for a lot of first home buyers. It is usually based around the loan to value ratio of the mortgage. The loan to value ratio of the mortgage is the ratio between the amount of the loan and the actual value of the property being mortgaged. Generally …

Mortgage insurance, more commonly known as lenders mortgage insurance is insurance payable to the lender or trustee for a pool of securities that may be required when taking out a mortgage loan. This insurance is taken out in order to offset the losses incurred in the case where a mortgagor is unable to repay the …