How it Works*

DOWN PAYMENT PROTECTIONS

  • Down Payment Protection provides protection to home buyers for the largest financial investment most people make, which is the down payment to their home

  • Coverage is afforded to customers for a loss in value when their home is sold for a loss

*Note: The information herein is for illustrative purposes and certain Terms & Conditions may apply.  Please check your policy for details regarding limitations and/or exclusions.

TODAY

You buy a home for $300,000

Mortgage $270,000

Down payment $30,000 (10%)

LATER…

You have to sell for
$280,000

Sales price loss $20,000

FHFA Index Loss $45,000

Homeowner gets
$20,000

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