Posted on: 13th Oct, 2008 12:17 am
Hi kamlangkue !
Thanks you for so much information on mortgage insurance. I hope this will help a large number of people taking mortgage.
Thanks,
Jerry
Thanks you for so much information on mortgage insurance. I hope this will help a large number of people taking mortgage.
Thanks,
Jerry
Yes I agree with you Kamlangkue. Mortgage insurance policy does help one when he defaults on a mortgage and fails to continue paying for the loan. But supposing your coverage exceeds the amount you owe after being in default. Does the insurance company then refund the money? I've often come across people complaining about not insurance companies not refunding the extra cash. Is it the actual scenario?