Mortgage Insurance

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Posted on January 02, 2019 at 12:38 PM

Reviewed by on Sunday January 20 2019 Admin 5 out of 10 based on 610 user ratings
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You can Hear Or Save This Videos Avoid Paying Monthly Mortgage Insurance on Your Home Loan

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An introduction to mortgage payment protection insurance. Mortgage Payment Protection Insurance (MPPI) is designed to cover the cost of your mortgage payments in the event that an accident, sickness or unemployment stops you from working.
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Why you'll be glad you picked MI. A loan with mortgage insurance helps you buy a home years sooner - with less than 20% down! Protect your home when times get tough.
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Borrower Requested Termination of PMI. The law also allows homeowners to request the termination of PMI once they gain 20% home equity, or 80% LTV of the original value.So at that time you can contact your lender and ask for the PMI payments to cease.

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