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 catharin9
Joined: 14 Jul 2009
Posts: 169
-0.07 Dollars($)
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 Posted: Mon Aug 31, 2009 10:40 am Post subject: WHAT IS MORTGAGE INSURANCE? |
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| WHAT IS MORTGAGE INSURANCE? |
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sunnyca2009
Joined: 04 Aug 2009
Posts: 1735
35.94 Dollars($)
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jonunderwood007
Joined: 03 Sep 2009
Posts: 38
-0.40 Dollars($)
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| Posted: Fri Sep 04, 2009 4:29 am Post subject: |
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hi,
Mortgage insurance is an insurance policy which compensates lenders or investors for losses due to the default of a mortgage loan. Mortgage insurance can be either public or private depending upon the insurer |
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ross090909
Joined: 04 Sep 2009
Posts: 82
0.00 Dollars($)
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| Posted: Tue Sep 08, 2009 11:05 am Post subject: |
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| Mortgage insurance is a policy. This policy is protecting lenders from losses. It's required primarily for borrowers making a down payment of less than 20%. |
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pettybob1
Joined: 07 Sep 2009
Posts: 37
0.24 Dollars($)
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| Posted: Fri Sep 11, 2009 5:43 am Post subject: |
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| its a policy that allows mortgage lenders to recover part of their financial losses if a borrower fails to full re-pay a loan. Mortgage insurance makes it possible to buy a home with as little as 5% down |
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smithsara302
Joined: 12 Jun 2009
Posts: 116
-0.16 Dollars($)
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| Posted: Fri Sep 11, 2009 11:33 am Post subject: |
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| this in benefit of lender or borrower? |
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