wil they go through med history and present conditions. if got med history and consequently no insurance if I get sick can I reduce payments to cover interest? I can can't I I hope? Please say yes want a mortgage! thanks

if you are refering to mortgage insurance that only cover death and permanent disablity, the underwriting requirement may not be as stringent as getting Medical Insurance.

if the amount is not huge, you are not subject to medical checkup.

any pre-existing condition may be excluded from the policy.

There are several types of life insurance that may provide coverage for your mortgage. Mortgage insurance may provide coverage for disability as well.

However, there are level term life insurance policies that offer protection at what may be more affordable rates. They do not provide coverage for disability, but they allow for possibly higher levels of coverage at lower cost out-of-pocket.

Also, some level term life insurance policies offer you levels of coverage up to $250,000 without having to take any physical exam. If this is what you truly want and need, you can learn more about this option at term life insurance no exam.

Please do note that some life insurance policies with no exam required may be more costly than other policies that are fully underwritten by the insurance company. However, with this option you may be able to apply online and find out the same day is you qualify for coverage.