Episode 49: Mortgage Insurance Demystified - What Texas Home Buyers Need to Know

What exactly is mortgage insurance, when is it required, and how can it affect your monthly mortgage payment? In this episode of TSAHC’s On the House podcast, Sarah Ellinor, TSAHC's Senior Manager of Homeownership Programs, is joined by, Angela Bujnoch from Essent Guaranty to break down the basics of mortgage insurance, how it’s priced, the differences between conventional PMI and FHA mortgage insurance, and how borrowers may eventually cancel their coverage. We also discuss how mortgage insu...