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Home Insurance

Homeowners Insurance vs. Mortgage Insurance: Understanding the Difference

Mortgage Insurance vs. Homeowners Insurance The legalese surrounding the purchase of a new home may be perplexing: down payment, amortization, closing costs, collateral, contingency, depreciation, etc. We are here to help you distinguish between mortgage insurance and homeowner’s insurance, two terms that are occasionally used synonymously while discussing home ownership. Although they both deal with

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