How To Get A Mortgage - Meet Your Home And Fire Insurance Agent

How To Get A Mortgage is your premiere guide to buying a house. You've met your Realtor, mortgage lender, inspector, appraiser, and title.

Now introducing your insurance agent.

A home and fire insurance agent is another valuable team member for buying a house. It's not enough to shop for cheap home insurance. You want a great agent too.

You Deserve More Than Cheap Home Insurance

My favorite homeowners insurance agent was Richard.

Shopping for home and fire insurance can delay a transaction when you're buying a house. Richard understood the importance of closing on time. He often stood out as the hero of a timely transaction!

So look for a representative like Richard who spends adequate time answering your questions and cooperating with your mortgage lender.

Homeowners Insurance Quotes

Mortgage lenders require borrowers to purchase a homeowners insurance policy.

The insurance policy should make provisions for a house to be rebuilt to today's standards if damaged by fire. Additional coverage for belongings and homeowner liability are usually available.

Insurance quotes need to consider loan amounts. The lowest coverage may not satisfy your mortgage requirements. So ask your lender how much insurance you'll need to eliminate unpleasant surprises on the day of closing.

Tip: Condominium insurance included in homeowner dues may not provide adequate coverage. Discuss this with your insurance agent.

Home And Fire Insurance Protection

Here is a true story. Continue to protect a home, your largest investment, with fire insurance after you pay off a mortgage.

One of our friends, with retirement in mind, paid off his mortgage but forgot to renew the home and fire insurance. Not long after, California fires ravishing the hillsides destroyed his home. With no insurance reimbursement to rebuild the house or replace his personal belongings, he was forced to postpone retirement.

How To Get A Mortgage - Meet Your Guard Dog

We've reached the grand finale of How To Get A Mortgage, your premiere guide to buying a house. Meet escrow and the HUD 1 Settlement Statement.

Find out why escrow is the watch dog of the home loan process.

Ask Kate Questions About Real Estate And Mortgages

Ask Kate is specifically designed to answer your questions and create dialog regarding mortgage financing.

You'll also find a wealth of information at Kate's Best Mortgage Rate Blog packed with the latest additions to this website, interest rate updates and a fresh approach to real estate and mortgages.

Valuable Mortgage Resource For My Home Buyers and Homeowners

SBI - A Fresh And Innovative Way To Create More Income - Little did I know in the next 10 minutes my entire life would change. Kate's personal story.

Valuable Resources For Home Buyers - Meet Your Dream Team

How To Buy A House - Part 1 Meet your real estate agent

How To Buy A House - Part 2 Meet your mortgage lender

How To Get A Mortgage - Part 3 Meet your home inspector

How To Get A Mortgage - Part 4 Meet your real estate appraiser

How To Get A Mortgage - Part 5 Meet your title insurance companies

How To Get A Mortgage - Part 6 Meet your homeowners insurance agent

How To Get A Mortgage - Part 7 Meet your escrow and HUD 1 statement

Unique Home Buying Information You Can Use

Make your home buying a snap with the Home Buying Scorecard.

Do you know this about Fixer Upper Houses? Toilets determine the age of a house and other tips.

Private Money Lenders because rural properties need special consideration.

Low Down Payment Mortgage - The dilemma of a low down payment.

Start your wealth building now by buying a foreclosed home.

The First Time Home Buyer Credit could be yours even if you have previously owned a home.

Learn the differences between Residential Construction Loans - Mortgages designed for building homes.

When private mortgage financing originates between family members, property tax and mortgage interest deductions frequently come into question.

First Time Home Buyer Advice - You decided to buy a house! What's next?

How To Buy A House Q and A's - A complete collection of questions about home buying, each with a individual answer from Kate

Return to the Home Page from How To Get A Mortgage - Part 6

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