John and Julie had just bought their first home. They were so excited to finally own their own place and start a family.
They had saved for years, scrimped and saved, and finally had enough for a down payment and closing costs. But, in their excitement, they had forgotten one important thing - mortgage insurance protection.
They soon learned that mortgage insurance is a vital part of the home-buying process. It gives the lender financial protection in the event that the homeowners are unable to pay their mortgage for any reason.
Since John and Julie were first-time homebuyers, they had no way to prove that they would be able to make their payments in the future. Without mortgage insurance, they would be taking a huge risk and the lender would not be willing to give them the loan.
Fortunately, they were able to get mortgage insurance protection. It gave them peace of mind knowing that if anything ever happened and they were unable to make their mortgage payments, their lender would be covered.
John and Julie were so relieved to have the protection of mortgage insurance. They were now able to enjoy their new home without worrying about what would happen if they ever faced financial hardship. https://app.back9ins.com/apply/Carmar-Insurance-Agency
