Archive for the ‘Michigan Payday Loan Laws’ Category

Mortgage Insurance: What’s the essential difference between PMI and MIP?

What exactly is Mortgage Insurance?

If you’re a first-time homebuyer, you’ve heard (or will read about) home loan insurance coverage (MI). In this article, we shall explain just exactly what home loan insurance coverage is and exactly why you will need it. We are going to detail the essential difference between home loan insurance coverage premium and mortgage that is private, along with the loan items they are part of. Read more »