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2. Mortgage insurance - Wikipedia

   en.wikipedia.org/wiki/Mortgage_insurance

   Mortgage insurance (also known as mortgage guarantee and home-loan insurance) is an insurance policy which compensates lenders or investors in mortgage-backed securities for losses due to the default of a mortgage loan. Mortgage insurance can be either public or private depending upon the insurer. The policy is also known as a mortgage ...

3. What is mortgage insurance? - AOL

   www.aol.com/finance/mortgage-insurance-174421492...

   Mortgage insurance is a fee you pay to your lender to cover risks associated with funding your loan. Different loan types have different kinds of mortgage insurance. Conventional mortgages have ...

4. What is a mortgage? A definitive guide for aspiring homeowners

   www.aol.com/finance/mortgage-definitive-guide...

   A mortgage is a long-term loan from a financial institution that helps you purchase a home, with the home itself serving as collateral. Mortgage payments typically consist of principal (the amount ...

5. Lender-paid mortgage insurance (LPMI): What is it and how ...

   www.aol.com/finance/lender-paid-mortgage...

   LPMI, or lender-paid mortgage insurance, describes an arrangement where your mortgage lender covers the cost of your mortgage insurance. While there are other options to pay for mortgage insurance ...

6. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   Mortgage insurance is an insurance policy designed to protect the mortgagee (lender) from any default by the mortgagor (borrower). It is used commonly in loans with a loan-to-value ratio over 80%, and employed in the event of foreclosure and repossession .

7. Home insurance - Wikipedia

   en.wikipedia.org/wiki/Home_insurance

   Home insurance, also commonly called homeowner's insurance (often abbreviated in the US real estate industry as HOI ), is a type of property insurance that covers a private residence. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one's home, its contents, loss of use ...

8. Lenders mortgage insurance - Wikipedia

   en.wikipedia.org/wiki/Lenders_mortgage_insurance

   Lenders mortgage insurance ( LMI ), also known as private mortgage insurance ( PMI) in the US, is a type of insurance payable to a lender or to a trustee for a pool of securities that may be required when taking out a mortgage loan. Its purpose is to offset losses in the case where a mortgagor is not able to repay the loan and the lender is not ...

9. How to read and compare mortgage loan estimates - AOL

   www.aol.com/finance/read-compare-mortgage-loan...

   A mortgage loan estimate is a standard three-page document detailing the estimated costs, structure and other terms of the loan. Mortgage lenders are required by law to provide borrowers with a ...