Tag: Mortgage

The Flow of Mortgage Funds – Your Local Bank to Mortgage Backed Securities

The availability of funds in the primary market depends a great deal on the existence of secondary markets. First, mortgage funds are loaned to a homebuyer by a lending institution in the primary market. The…

Reasons to Avoid Mortgage Life Insurance

Please see below on why you should consider owning an independent life insurance policy (or term life) vs mortgage insurance (creditor insurance) sold from the bank: 1. Post-Underwriting – Bank insurance is post underwritten. Companies…