What is Mortgage Insurance?

House with garage

Mortgage insurance is required for home buyers to compensate lenders from foreclosure. Learn more about the types of mortgage insurance suitable for you.

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Looking to move to the Washington DC metro area? With great neighbors & a variety of places to work, people in the DMV can enjoy all lifestyles. Read more!

Understanding Mortgage Forms: Verification of Rent

Paperwork

If you are a first-time home buyer and you are applying for a mortgage, one of the documents you may be asked to sign is a verification of rent. A verification of rent allows a lender to feel confident that you have made rental payments on time for a specific period of time, typically two years