Colten Thomas of Susser Bank joined me recently to talk mortgage insurance.

Today we’re going to talk about one of the great mysteries of mortgage financing: mortgage insurance. We’re joined by Colten Thomas of Susser Bank to talk about what mortgage insurance is, who has to pay it, and how long you have to pay it until it goes away.

Feel free to watch the full video, or use these timestamps to browse specific topics at your leisure:

0:00 — Introducing today’s topic

1:00 — What is mortgage insurance, and is PMI the same thing?

2:42 — Why mortgage insurance gets a bad rap and why it’s really a good thing for buyers

3:27 — Who has to pay mortgage insurance and for how long do you have to pay it?

6:53 — How certain mortgage insurance rates vary based on a number of different factors

7:50 — Why it’s important to shop for mortgage insurance rates

8:20 — How to get in touch with Colten

If you have any questions for Colten, give him a call at (817) 584-7069 or send an email to

If you have any other real estate-related questions for me, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.