December 23, 2010
Article Directory|Submit Articles » Payment Protection Insurance …
In the UK these days, Payment Protection in insurance or PPI claims are among the most popular things to search for online. Regular consumers just like you are finally able to fight back in this phenomenon. … Almost every loan, mortgage , credit card or financing came along with Payment Protection Insurance policy in the past five years. This insurance is often added on to your loan without you knowing or without the terms of the insurance being fully explained, …
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Article Directory|Submit Articles » Payment Protection Insurance …
Filed under UK Mortgage Protection by on Dec 23rd, 2010.
Comments on Article Directory|Submit Articles » Payment Protection Insurance …
I think if you live in the UK and you have a mortgage, you should consider some form of UK mortgage protection like this. As far as I know British insurance offer the best and most affordable policy available today. Unfortunately i was not aware that I didn’t have to go to my mortgage provider to get cover for mortgage payment protection insurance..I think I paid about twice that for my MPPI insurance. Ah well, at least it kept a roof over my head!
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Trish, I am a little confused. You mentioned it is a “one-loan mortgage money” scenario, but at the beginning of your comment you wrote CalHFA and Citibank, so I am assuming it is an 80/20 and that both loans are purchase money, is this correct???
As for the reason why they would refuse, there are several factors and it all depends on each investor. One thing I do know is that when you have a loan with Mortgage Insurance, things get a little harder as they also want a piece of the pie and in some cases they do want a BIG SLICE.
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I think if you live in the UK and you have a mortgage, you should consider some form of UK mortgage protection like this. As far as I know British insurance offer the best and most affordable policy available today. Unfortunately i was not aware that I didn’t have to go to my mortgage provider to get cover for mortgage payment protection insurance..I think I paid about twice that for my MPPI insurance. Ah well, at least it kept a roof over my head!
I think if you live in the UK and you have a mortgage, you should consider some form of UK mortgage protection like this. As far as I know British insurance offer the best and most affordable policy available today. Unfortunately i was not aware that I didn’t have to go to my mortgage provider to get cover for mortgage payment protection insurance..I think I paid about twice that for my MPPI insurance. Ah well, at least it kept a roof over my head!
mortgage protection insurance is a must for any UK homeowner. The British Insurance MPPI policy is an excellent product too. I was made redundant in 1999 and mortgage protection insurance saved my home.
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