A mortgagee is a financial entity that lends money to people or companies looking to purchase real estate using a mortgage. That entity could be a bank, a credit union or a direct lender that ...

The mortgagee clause is a provision in a homeowners insurance policy that protects the lender from financial loss if the mortgaged property is substantially damaged or destroyed. Many mortgage lenders ...

One of the biggest financial commitments you can make in life is the purchase of a home. But have you stopped to think about how your family could continue making mortgage payments if you or your ...

Many potential homebuyers balk at the thought of putting down 20% of a home's purchase price to secure a mortgage. The good news is that you can get a mortgage with a much smaller down payment — but ...

Mortgage insurance allows homebuyers to purchase homes with down payments of less than 20%. This credit enhancement tool involves paying an additional charge with your mortgage to protect the lender ...

Homeowners insurance mainly protects the borrower’s investment in their home, while mortgage insurance financially protects the lender’s investment in your home. Mortgage insurance, also known as ...