1 rich Libsyn https://www.libsyn.com 300 600 Enroll in courses here: https://www.albertarealestateschool.com/shop/ or call our Success Team at : 587-936-7779 Confused about default insurance and title insurance? They are not the same thing. Default Insurance (High-Ratio Mortgage Insurance) When a buyer has a high-ratio mortgage — meaning: ✔️ Down payment is less than 20% ✔️ Loan-to-Value (LTV) is greater than 80% …the borrower is generally required to obtain default insurance. Default insurance protects the lender if the borrower defaults on the mortgage. Example: A lender has a $200,000 mortgage, but after a default and sale of the property, only recovers $180,000. If there is a loss after accounting for the sale proceeds and related costs, default insurance can help cover that lender loss. Title Insurance Title insurance is different. It protects against certain title-related risks, such as: ✔️ Fraud ✔️ Forgery ✔️ Title defects ✔️ Certain ownership or registration issues This is not about missing mortgage payments — it is about problems affecting the property title. Understanding the difference between mortgage default insurance and title insurance is an important concept in mortgage brokerage and real estate education. Start your career in Real Estate today! Our courses equip you with the skills needed to pass your licensing exam in Alberta. Link in the comments. 💯 We train tomorrow's top Real Estate Agents and Mortgage Associates in Alberta! 🔥 💻: www.albertarealestateschool.com #AlbertaRealEstate #AlbertaRealEstateSchool #MortgageInsurance #DefaultInsurance #TitleInsurance #HighRatioMortgage #MortgageBrokerage #RealEstateEducation #RECA #RealEstateExamPrep #MortgageTips #RealEstateShorts #AlbertaMortgage Alberta Real Estate Tutor http://albertarealestateschool.com <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/41920275/height/300/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="300" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/41920275