Term of Day
Uh oh! You're not
Term of Day
+ Create New Flashcard
that protects mortgage lenders in the
event of default
. Mortgage insurance is sometimes
as part of a
agencies. It is
by the borrower/mortgagor. See also
mortgage redemption insurance
letter of indem...
ex gratia payme...
You Also Might Like...
Deed of Trust vs. Mortgage
When buying a home most of us don't have the cash immediately available to simply buy the home outright, which results in the need for home loans. In order to secure a home loan lenders require the home to be put up as security, and the most common ...
Term Life Insurance vs. Whole Life Insurance
When choosing a life insurance policy two of the main types of plans available are term life insurance and whole life insurance. There are major differences between the two types of policies and this article will assist you with making the choice ...
Why Good Credit Matters For Both Individuals and ...
How to Finance a Short Sale
A short sale is a real estate transaction for the purchase of a home before a bank forecloses on it. Short sales allow the owner of the home to sell the home below the market price and are subject to approval by the holder of the loan on the ...
Copy & paste this HTML in your website to link to this page
Mentioned in These Terms
up-front mortgage insurance premium
qualified mortgage insurance premium
private mortgage insurance (PMI)
lender-paid private mortgage insurance
Browse Dictionary by Letter: