What is Lenders Mortgage Insurance?

3 minutes

Using Lenders’ Mortgage Insurance is one way to reduce the amount of deposit you need to save to buy a home. Watch the jargon buster video to find out more about how it can help you get into a new home sooner.

Saving a 20% can often make that dream home seem very far in the future however Lenders’ Mortgage Insurance may be the answer to reducing the amount of deposit you need to save. It does come with added costs and risks though, so it pays to be informed. This jargon buster video helps to explain how it works, what the additional costs and risks are, so that you can make a more confident decision about whether it’s the right tool to help you buy your new home.

Davidson Institute

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