How Does Mortgage Insurance Work?

Name: How Does Mortgage Insurance Work?
Uploaded: 2025-02-04T00:53:16+00:00
Description: How Does Mortgage Insurance Work? How Does Mortgage Insurance Work? Mortgage insurance does not automatically roll off at 20% equity. If you put 10% or more down, i…

How Does Mortgage Insurance Work? Mortgage insurance does not automatically roll off at 20% equity. If you put 10% or more down, it lasts 11 years. With less than 10% down, it stays for the life of the loan. Understand these key factors and how refinancing can impact your mortgage insurance options.