Insurance
What kind of insurance do I need?
Obtaining the appropriate insurance for your home can bring peace of mind. Some insurance decisions must be made prior to the loan closing. Certain types of insurance are often required by the lender and will be included in the closing costs; other insurance is optional to the buyer. Typically, property related insurance payments are managed through the escrow account. There are three main types of insurance plans to consider when you purchase a home.
- Title insurance provides a protection from uncovered claims against the title of the property you are acquiring.
- Private mortgage insurance (PMI) protects the lender against default.
- Homeowners insurance packages several types of coverage aimed to protect you from damage or loss to your home.
Request a Quote
If you are interested in finding out more about our mortgage products, or to request a quote, give us a bit more information so we can contact you.