Please give me a customized quote on mortgage insurance.
The advantages and benefits of insuring your mortgage.
Your home is probably one of the largest single investments you will make in your lifetime. If you are like most Canadian homeowners, paying a mortgage will be a regular household expense that you will have to budget for; so taking extra steps to insure its value through loss by fire, for example will probably be one of your first concerns. But what happens to the family's home when you are no longer there to make the mortgage payments or pay the insurance premiums? It's a problem that most families do not consider until it's too late, and the consequences can be tragic.
Life insuring your mortgage should be your first priority, since the possibility of death is more than a thousand times greater than fire. Banks or trust companies have plans available called "Lenders Group Mortgage Insurance ", but your own personal policy can cover all your needs with a plan known as Individual Mortgage Insurance.
What's the difference? In the first case, the bank or trust company would have control over your plan, but with the Individual Mortgage Insurance control of the plan remains with you.
Just as we shop the entire market for you to find the best mortgage insurance plan available we recommend you use a mortgage broker to help find you the best mortgage available. We confidently recommend the service of Bill Jones of Invis Financial, one of Canada's Largest mortgage brokers. You can reach them at www.victoriamortgage.ca.
Need a realtor? In the Greater Victoria area we confidently recommend Mike Boorman www.mikeboorman.com. Michael bases his business on trust and always placing the clients interests at the top of the list. The Boorman name has been servicing Greater Victoria since 1933 and Michael will surely prove his value to you whether you are buying or selling a home.Please give me a customized quote on Mortgage Insurance