paying some in a lump sum at the beginning while also minimizing the amount it adds to your monthly mortgage payment. Private mortgage insurance, also called PMI, protects your mortgage lender in ...

A Liberty Mutual gap insurance policy can help pay the difference between your car’s value and your total loan amount if your vehicle is totaled or stolen. It doesn’t cover engine failure ...

The loan amount will accrue interest until it’s paid back in full. State law can dictate the maximum policy loan interest rate. For example, insurance companies can’t charge more than 8% a ...

The insurance industry can be seemingly opaque ... the insurer will deduct the loan amount and interest from the death benefit paid to your beneficiaries. If you pay the policy loan before ...

Owner’s title insurance is an optional separate policy serving to shield the buyer from any ownership claims. It’s typically ...

A mortgage loan servicer is a company that takes care of tasks related to administering a home loan, such as sending statements, tracking your balance and answering questions.

Gap insurance — short for guaranteed asset protection — covers the difference between the amount owed on car loan and the value of the vehicle covered by the insurance company when your car is ...

One in four trade-ins associated with a new car or truck purchase in the fourth quarter last year was 'upside down,' ...