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You Ask, We Answer: What Are the Pros and Cons of Private Mortgage Insurance?

by lizlaurenb | Dec 6, 2023 | Home Mortgage Tips

It’s easy to get Private Mortgage Insurance (PMI) confused with homeowners’ insurance, but PMI is an entirely different thing that may or may not be necessary when it comes to your home purchase. If you’re going to be investing in a home in the near...

Reasons You Need an Insurance Binder and How to Get One

by lizlaurenb | Oct 24, 2023 | Mortgage

When a borrower applies for a mortgage loan, the lender typically requires proof of insurance coverage before they approve the loan. An insurance binder is a document issued by the insurance company that provides temporary proof of insurance coverage until the...

Understanding Title Insurance and How It Impacts Your Mortgage Loan

by lizlaurenb | Oct 9, 2020 | Mortgage Tips

When you buy a home, you will be given a title to your new property. A title is a legal document that proves you own the property, and in most cases the title excludes other parties from making an ownership claim. However, not all titles give you free and clear...

The Importance of Reviewing Your Insurance Policies During The COVID-19 Pandemic

by lizlaurenb | Aug 14, 2020 | Mortagage Tips

The COVID-19 pandemic has taken the world by storm. Millions of people all over the world have been infected and businesses have ground to a halt. During this time, it is important for everyone to take a breath, pause, and look at their insurance policies. The reality...

A Breakdown – The Difference Between FHA, VA and USDA Mortgages

by lizlaurenb | Jun 30, 2020 | Home Mortgage Tips

Are you thinking about using mortgage financing to buy a new home? If so, you’ve likely heard about mortgage insurance policies requirements and you may be wondering how they will affect you. In today’s blog post we’ll explore mortgage insurance and...
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International Bankers Group | NMLS# 339877

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