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Stop Buying the Wrong Mortgage Insurance

Get the one-page guide that exposes the 7 myths lenders use at the closing table — and what to do instead.

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7
Common myths exposed
20–40%
Avg. savings vs. closing-table MPI
2 min
Read time

The 7 Myths Covered in This Guide

Each myth is paired with the real answer — and the numbers that back it up.

Myth #1

"MPI is required to close on your home"

False. It's optional — lenders are not allowed to require it. Here's how to spot the pitch.

Myth #2

"MPI is the same as life insurance"

It's not. The benefit goes to your lender, not your family. A critical difference.

Myth #3

"MPI is cheaper because it's group coverage"

The pricing data says otherwise. We compare real numbers side by side.

Myth #4

"If you have health issues, MPI is your only option"

Simplified-issue term life exists — and often costs less than MPI. Most people don't know to ask.

Myth #5

"Your family is protected because the mortgage gets paid"

The house is paid off — but there's no cash for bills, income, or emergencies. Is that enough?

Myth #6

"The MPI benefit never decreases"

Indemnity policies pay the remaining balance, not the original face amount. Read the fine print.

Myth #7

"MPI is a good investment"

There's no cash value, no investment component. What the pitch really means vs. what you actually get.