When is Lender-Placed Insurance Required?
Buying a home comes with an array of different expenses. In addition to monthly mortgage payments and utilities, homeowners must pay for insurance, too — and premiums can quickly become costly. The average annual premium is $1,585, but this number can fluctuate wildly based on the age, condition, and location of a home. It’s unsurprising, […]
February 8, 2022