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Homeowner's Insurance VS. Mortgage Insurance - What's The Difference?

Writer's picture: Ross VarahramiRoss Varahrami

Updated: Dec 13, 2023


Ever wonder what the difference between Homeowner's or Hazard Insurance and Mortgage Insurance is? Why do you need to pay mortgage insurance in some cases and when? What does mortgage insurance do? Do I have to pay mortgage insurance forever? Watch my short video to find out.


Whether you own a home already or you are a first time home buyer, these are some great questions in a market where property values are at their high and mortgage rates are historically low!



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