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2. I almost made the mistake of paying for mortgage insurance ...

   www.aol.com/finance/almost-made-mistake-paying...

   Then there is mortgage protection insurance that is designed to protect borrowers, and of course everyday homeowners' insurance that protects you in case of damage to the property. There’s no ...

3. Closing on a house: What to expect - AOL

   www.aol.com/finance/guide-closing-house-expect...

   Unless they’re paying in cash, the prospective buyer will secure homeowners insurance and the mortgage needed to purchase the property. There will be an appraisal of the home and an independent ...

4. Closing documents: A guide for homebuyers - AOL

   www.aol.com/finance/closing-documents-guide...

   As the buyer, you’ll need to obtain and document homeowners and title insurance, and you’ll receive many documents before and at the closing, like the note and mortgage or deed of trust. Pay ...

5. Escrow insurance: What is it and when you need it - AOL

   www.aol.com/finance/escrow-insurance-235640110.html

   Pros. Cons. When the homeowners insurance bill is due, the money should already be set aside to cover it as long as you have kept up on payments. There is a larger upfront payment with closing ...

6. Who pays closing costs, the buyer or the seller? - AOL

   www.aol.com/finance/pays-closing-costs-buyer...

   Homeowners insurance: Buyers will likely be required to take out a home insurance policy as well, with the first premium payment (or sometimes more) due at closing. If several months of payments ...

7. Is home insurance required? - AOL

   www.aol.com/finance/homeowners-insurance...

   These can include getting minimum coverage limits and types in place, paying the premium and providing proof of insurance at closing. If your mortgage is set up with an escrow account for your ...

8. What is a closing disclosure? - AOL

   www.aol.com/finance/closing-disclosure-190005117...

   The closing disclosure is the last document you’ll receive before you close your home loan. Review this detailed five-pager carefully to ensure all of the information is correct before closing day .

9. Closing costs: What are they and how much are they? - AOL

   www.aol.com/finance/closing-costs-much-175340844...

   Key takeaways. Mortgage closing costs are the fees associated with buying a home that you must pay on closing day. Closing costs typically range from 2 to 5 percent of the total loan amount, and ...