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But on the other hand, all of that stuff could be insured against.
Thats exactly what PMI (Private mortgage insurance) covers. However if the insurance company doesn’t think you’re a good risk, then you might not be able to get that either. I have never looked at what criteria they use to grant or deny PMI. I’ve also never known anyone personally denied PMI.
Thats exactly what PMI (Private mortgage insurance) covers. However if the insurance company doesn’t think you’re a good risk, then you might not be able to get that either. I have never looked at what criteria they use to grant or deny PMI. I’ve also never known anyone personally denied PMI.