Insights on Real Estate, Mortgages & Money | Mares Mortgage

Buying a Second Home In CA? Here’s What To Know

So, you’re over the hurdle of buying that first home and are now ready to buy a second. That’s great. If it’s been a while since the initial purchase, you may have forgotten just how much work and time goes into finding a new home and securing financing. But here, we’ll talk you through the […]

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How is mortgage insurance calculated

Mortgage insurance is a crucial component for many homeowners who are unable to make a 20% down payment on their home purchase. It protects lenders from the risk of borrower default and is typically required for conventional loans with less than 20% down. Understanding how mortgage insurance is calculated can help homeowners manage their finances […]

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Mortgage Insurance Vs Homeowners Insurance

Navigating the world of home insurance can be complex, especially when distinguishing between mortgage insurance and homeowners insurance. While they both involve the safeguarding of property, their purposes, beneficiaries, and requirements differ significantly. Understanding these differences is essential for homeowners to ensure proper financial protection for their homes and for lenders to secure their investments. […]

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