I have been renting a home for many years now but after some consideration I have found that buying a property with the help of one of the top mortgage insurance companies, is the right solution is for my family and me. The question of renting versus buying has become top priority for my husband and I of late. The thing this is that we had to save up for many years to make a substantial down payment to purchase our dream home. Then we read up on some of the benefits of taking out mortgage insurance: apparently, we can own a home with as little as 5% down, the premium is fully deductible and there are flexible premium payment options, which are available. In addition, our lender can offer us several options for our payments. Lastly, and most importantly, premium payments are temporary and can be cancelled once our home reaches 80% of its original value.