Mortgage Insurance May Save Your Home - InsuranceAgents.com

cost of mortgage insurance

Your Debt Will Still Be Covered By Mortgage Insurance

By Meha Ahmad, InsuranceAgents.com Staff Writer

A staggering 9.4 percent of Americans are unemployed, according to the U.S. Bureau of Labor Statistics. In the face of so much job loss, many homeowners are unable to pay their mortgage and are forced into foreclosure. There are only two forms of mortgage insurance that can help, one is a very boutique type called home mortgage protection, which is an add-on to your homeowners insurance. The other, is term life mortgage protection insurance, because of the high cost of home mortgage protection insurance, homeowners choose this option most. Find out the cost of mortgage protection insurance, compare rates free .

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