Home Buying in Clayton>Question Details

ROBERT.ROUSE, Home Buyer in Clayton, GA

In the state of GA do have to purchase extra insurannce on your accual loan, not the home its self. if so what are the rates.

Asked by ROBERT.ROUSE, Clayton, GA Fri Dec 6, 2013

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You may also need to purchase private mortgage insurance if your down payment is less than 20%. Robert in regard to rates that is best answered by your lender.

Best Regards,

Chuck
770-714-7077
0 votes Thank Flag Link Sun Dec 8, 2013
If you borrow money to purchase a home, Robert, the Lender will require you to purchase Title Insurance to protect their cash investment with you in the property. A prudent Buyer might also consider purchasing their own Title Policy at the same time.

Good Luck!

Michael Hammond
SellsRealty@gmail.com
404-538-5499

http://www.georgiamls.com/agentsite/index.cfm?SiteID=HAMMONDJOHNM

http://www.chapmanhallprofessionals.com

http://www.SellsRealty.org

http://www.city-data.com/

http://www.greatschools.org/
0 votes Thank Flag Link Fri Dec 6, 2013
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