Articles, tagged with "private mortgage insurance", page 1
07th November 2012
Anyone who has ever tried to purchase a home -- but didn't have enough cash on hand to put down a large down payment -- has probably heard of private mortgage insurance, or PMI.
While it may sound complicated, it's not. Simply put, PMI is intended to ...
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Author:
DanielTorelli
06th November 2012
Buying a home -- whether it's your first or you fifth -- is an emotional process. And today, when you throw in things like extra red tape, plummeting property values, skeptical lenders, and counteroffers, it becomes even more stressful.
The ultimate k...
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Author:
DanielTorelli
21st March 2009
The Down Payment A down payment is money that the buyer must pay up front to buy a home. When a person takes out a mortgage the lender or bank in almost all cases will require that the person borrowing the money make a down payment. A down payment is mone...
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Author:
Robert Bell
22nd January 2009
Mortgage life insurance is important for all owners of homes, condominiums, and townhouses. Mortgage insurance is life insurance that pays the balance of a mortgage if the mortgagor (insured person) dies.
Mortgage life insurance is usually in the form ...
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Author:
Hadley
