Mortgage Insurance
A should-have insurance which protects lender, or title holder, of making a loan to you in the situation that the borrower defaults on payments, deceased or he is unable to meet the contractual obligations of the mortgage.
Why we need Mortgage Insurance?
With the increasing rate in the property market, if we are from the middle class income group, we may have to rely on the bank or other source of loan for owning a house of our own. In this case, there are several factors we need to consider:
- How to lower the risk to the lender of making a loan to you?
- How can I qualify for a loan that I might not otherwise be able to get?
- How can I reduce the amount of capital I may lose?
If these are your fear, do not worry,
scroll down and find out what we have for you…..
About this policy
Product Overview:
This policy will allow you to provide a lump sum to refund off your mortgage loan in any case of unexpected situation occur before you have fully pay off your loan.
Let us consult for your best plan!