Insured vs. Conventional Rates (Ep. 7)

Here is a little details on what is attached with insured rates or conventional rates and how you can expect it to your mortgage to look based on which one you're getting. Either way is ok, but just know what comes with each of the situations. If it's insured under 20% down payment, you get the lower rate with the insurance premium that you are paying for. If it's conventional (or insurable) over 20% down payment, you get the slightly higher rate with the lender paying for the insurance premium.

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