housewives5 asked:


separate insurance you can take out to cover the cost of your house if you are diabled or die!! Thanks!!!
This insurance was not required by our mortgage insurance, we took it out on our own to protect me and my kids if something if my husband is hurt or dies before our mortgage is paid off!!! I am a SAHM and he wanted to protect us!!!!
SAHM= stay at home mom

yeehaw! asked:


Or do you carry any program to pay off your mortgage early?

Thanks!

annak asked:


I unknowingly didn’t pay my house insurance for last year (Sept 2008-Sept 2009) and now the mortgage company sent me a letter stating that they assigned $1,900 for insurance of their choice, and which is double the market rate. How can they forcefully make me pay for the past? Nothing happened to the house during that time, thank goodness. Can i dispute this? They said they will put this on my escrow, so it’s not like i can just refuse to pay the bill. I now have insurance for this current year.

WELDER asked:


isn’t mortgage insurance for if you die, the loan will be paid off? if so wouldn’t life insurance do the same, so why is mortgage insurance needed. Must you have it or is it just a option?