Showing posts with label mortgage. Show all posts
Showing posts with label mortgage. Show all posts

Wednesday, September 3, 2008

Mortgage Insurance

Mortgage insurance is generally required when a borrower has a down payment of less than 20% for the purchase of a house. It is an insurance policy obtained by the lender and paid for by the borrower.

chriscrowe.wordpress.com/2007/01/09/mortgage-insurance/