Myths Shattered, facts revealed. Unveiling the truth.
24 Jun 2024 · 0 min
0:19
In this brief informational segment, the speaker addresses a common misconception about mortgage insurance, stating that many believe it is exclusive to first-time homebuyers. The speaker clarifies that mortgage insurance is actually available to both first-time and repeat homebuyers, provided they meet the required down payment thresholds. This clarification serves to inform potential borrowers that mortgage insurance eligibility is based on down payment criteria rather than homebuying history.
