Myths Shattered, facts revealed. Unveiling the truth.
13 Jun 2024 · 0 min
0:18
In this brief segment, the speaker addresses a common misconception about mortgage insurance premiums, stating the myth that they are fixed. He then presents the factual correction that premiums actually vary depending on several key factors, including the type of loan, the loan‑to‑value (LTV) ratio, and the borrower’s credit score. The purpose is to inform viewers that mortgage insurance costs are not static and can differ based on these underwriting criteria.
