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Scott Green's Articles in Insurance

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  • British Insurance
    If I don't need mortgage insurance, am I still eligible to receive any benefits of the program? Commonly referred to as PMI or private mortgage insurance; this is insurance that must be paid by the borrower if the LTV (loan to value) is above 80%. The rate is based on the mortgage amount.Mortgage insurance is a policy that protects lenders against some or most of the losses that result from defaults on home mortgages. it's required primarily for borrowers making a down payment of less than 20%.


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