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  2. Private mortgage insurance (PMI): What it is and how it works

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

    Private mortgage insurance (PMI) is an extra monthly fee that you pay on a conventional mortgage if you put less than 20 percent down. PMI must be terminated at a certain point in your loan term ...

  3. What Is Mortgage Insurance? How It Works and Who Should ... - AOL

    www.aol.com/mortgage-insurance-works-000002463.html

    Private mortgage insurance: Up to 2.25% of your loan amount Conventional loans are the standard loan type, and they’re structured to conform to Freddie Mac and Fannie Mae lending guidelines.

  4. What is an FHA mortgage insurance premium? - AOL

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

    After June 3, 2013. Duration of insurance payments if 10% or higher down payment. Duration of insurance payments if less than 10% down. 2014. 11 years (until 2025)

  5. 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 ...

  6. Mortgage insurance - Wikipedia

    en.wikipedia.org/wiki/Mortgage_insurance

    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.

  7. Private mortgage insurance - Wikipedia

    en.wikipedia.org/?title=Private_mortgage...

    This page was last edited on 8 December 2006, at 14:14 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike License 4.0; additional terms may apply.

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