Kanetix
Mortgage Forum

Am interested in purchasing job loss mortgage insurance. Lost of info on the web but no one to buy it from. In some cases you have to do it when you finance your home. Mine is already financed. That said, is there a company, agent who I can buy this from after the purchase of my home? Thank you.

Hi,

Mortgage insurance is almost always sold through your mortgage provider at the time the mortgage is sold. I would not bother looking anywhere else to purchase it. I suggest you call your mortgage broker in order to arrange coverage, although if you are trying to arrange it mid term they may not sell it to you since this is considered high risk.

Best,
Sean Graham, Principal Broker at KTX Insurance Brokers