Tag: Mortgage-Insurance
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: Private Mortgage Insurance (PMI) by: Martin Lukac If your down payment on a home is less than 20 percent of the appraised value or sale price, you must obtain private mortgage insurance, known as PMI, with your lender.
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: How Good a Deal Is Your Bank's Mortgage Insurance Plan? by: Ivon T. Hughes When you go to the bank to get a mortgage, you'll inevitably be asked to take out mortgage insurance. The idea behind mortgage insurance is simply
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