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Tod Mershon headshot

Tod Mershon

Team Lead Loan Originator
Movement Mortgage
NMLS ID # 20655

Movement Blog

what does mortgage insurance cover

September 24, 2019

Do I need mortgage insurance?

Mortgage Insurance, better known as Private Mortgage Insurance, is required for most conventional loans when down payments are less than 20% to cover the lender. Learn more in this week’s ABCs of Mortgage.

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Tod Mershon headshot
Tod Mershon
Team Lead Loan Originator
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1031 Route 22, Ste 203, Somerville, NJ 08807
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NMLS # 20655

State License #FL-LO35756, PA-21401, NJ-9405308 - licensed by the N.J. Department of Banking and Insurance, NY, SC-MLO-20655