Mortgage life insurance, also known as mortgage protection insurance (MPI), is designed to pay off your mortgage when you die. Some MPI policies also offer coverage for a limited time if you lose your ...
MPI can keep your home from falling into foreclosure if you die, but it may not be the best option for everyone. Many or all of the products on this page are from partners who compensate us when you ...
When you pass away, your mortgage does not disappear — the lender still needs to be repaid. If there is a will, mortgage responsibility will typically fall to the beneficiary of the home. When a ...
The time had finally arrived—my husband and I had saved enough for a home down payment and we were off to the bank to get ...