Many people think mortgage insurance is just an unnecessary cost, but in reality, it’s a powerful tool for homebuyers.

💡 Here’s what you need to know about mortgage insurance:
✅ Helps buyers with less than 20% down: It bridges the equity gap, making homeownership possible sooner.
✅ Protects lenders and strengthens offers: It guarantees equity for lenders, making low-down-payment buyers competitive.
✅ May be temporary: For conventional loans, mortgage insurance can be removed once the equity reaches 20%.

For buyers, it’s a ticket to homeownership without waiting years to save a large down payment. For sellers, it can make offers stronger by reducing risk.

📞 Call Mike Renick at 941-400-8735 to learn how mortgage insurance could work for you.
🌐 See this episode and past ones at www.teamrenick.com/podcast.

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