| PMI |
Mortgage insurance that protects lenders from a loss if the buyer defaults.
Ãâó: www.sun-sentinel.com/classified/realestate/mortgag...
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|---|---|
| PMI |
Insurance written by a private company protecting the mortgage lender against loss occasioned by a mortgage default.
Ãâó: www.strobels.com/glosary.htm
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| PMI |
Insurance coverage obtained from mortgage insurance companies to protect lenders against the risk of making higher loan-to-value loans. Typically required on all first mortgages with an LTV that exceeds 80%. percent. The borrower usually pays the PMI premiums.
Ãâó: www.newhorizonsccu.org/NHCCU_mort_glossary.htm
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| PMI |
Protects the lender against a loss if a borrower defaults on the loan. It is usually required for loans in which the down payment is less than 20 percent of the sales price or, in a refinancing, when the amount financed is greater than 80 percent of the appraised value.
Ãâó: www.mortgageadvisor.org/mortgage_glossary.html
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| PMI |
Insurance provided by nongovernment insurers that protects lenders against loss if a borrower defaults.
Ãâó: www.exclusivelycommercial.com/Information/CBLoanGl...
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