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Nikki · 06-13-2007, 10:21 AM

I agree with what everyone has said. I just want to add that one other benefit is if you go with a policy, you have it for as long as you wish and are not having to re-apply if/when you switch your mortgage. It is a good investment versus paying the mortgage insurance and when you switch banks/change your mortgage, you have nothing to show for it.

06-13-2007, 10:21 AM	#7
Nikki Crash and Bang Winger Join Date: Sep 2006 Exp:	I agree with what everyone has said. I just want to add that one other benefit is if you go with a policy, you have it for as long as you wish and are not having to re-apply if/when you switch your mortgage. It is a good investment versus paying the mortgage insurance and when you switch banks/change your mortgage, you have nothing to show for it.