Not exact matches
Mortgage insurance refers to any insurance policy that protects
lenders against the risk of a
borrower defaulting on a mortgage loan.
Private mortgage insurance (PMI) is a special type of insurance policy that is paid by the
borrower and protects
lenders against loss if a
borrower defaults.
Private Mortgage Insurance (PMI) is a special type of insurance policy, provided by private insurers, to protect a
lender against loss if a
borrower defaults.
The presence of a cosigner with a strong credit and income history is a safety net for the
lender — with a cosigner,
lenders have an extra layer of protection
against borrower default.
The insurance protects the
lender against losses resulting from
borrower default.
The
lender gets extra protection
against borrower default.
The government insures the
lender against losses that might result from
borrower default.
PMI is paid by mortgage
borrowers, protecting mortgage
lenders against default and foreclosure.
The Federal Housing Administration, which is part of HUD, insures
lenders against losses relating to
borrower default.
In theory, a
default on a payday loan could prompt a
lender to file a civil claim
against the
borrower.
When the loan
against a home is greater than 80 % of the home's resale value, the
lender is very likely to lose money in the event the
borrower defaults on the mortgage.
Mortgage Insurance Premium Monthly payments made by a mortgage
borrower to the Federal Housing Administration (FHA), or to a private
lender for transmittal to the FHA, to protect
against default on mortgage payments.
Student loan
lenders have particular protections
against default as student loans are regularly non dischargeable unless the
borrower can prove undue hardship.
Private mortgage insurance (PMI)-- Protects the
lender against a loss if a
borrower defaults on the loan.
The federal government guarantees FFELP loans
against borrower default and ensures that the
lenders receive a market rate of return on the loans despite the lower interest rates paid by
borrowers of education loans.
When a
borrower is in
default the loan becomes due in full immediately and the
lender may pursue more aggressive collection techniques, such as sending the account to a collection agency or filing suit
against the
borrower.
These include a federal guarantee
against borrower default, special allowance payments and
lender - paid origination fees.
Insurance that protects
lenders against losses caused by a
borrower's
default on a mortgage loan.
Mortgage insurance refers to any insurance policy that protects
lenders against the risk of a
borrower defaulting on a mortgage loan.
The Federal Housing Administration ensures the mortgage
lender against losses that may result from a
borrower default.
The Federal Housing Administration insures
lenders against losses that may result from
borrower default.
MIP (Mortgage Insurance Premium) Insurance from FHA to the
lender against incurring a loss on account of the
borrower's
default.
Unlike conventional home loans, FHA loans are government - backed, which protects
lenders against defaults, making it possible to for them to offer prospective
borrowers more competitive interest rates on traditionally more risky loans.
FHA loans are government - backed, which protect
lenders against defaults, making it possible to offer prospective
borrowers lower interest rates.
The agencies insure federal student loans
against default and pay off
lenders when
borrowers default.
This is insurance that is required on certain loans, such as mortgages offered by the U.S. Federal Housing Administration (FHA), to protect the
lender against the risk that the
borrower will
default.
Insurance that protects the
lender against loss caused by a
borrower's
default on a mortgage loan.
The agency insures
lenders against losses due to a
borrower's
default.
Private Mortgage Insurance (PMI) Mortgage insurance provided by a private mortgage insurance company to protect
lenders against loss if a
borrower defaults.
Primary Mortgage Insurance is essentially to protect the
lenders against defaults by the
borrower.
By protecting the
lender against loan
default, FHA mortgage insurance encourages
lenders to make loans to otherwise credit worthy
borrowers who might not be able to meet underwriting requirements that are conventional.
FHA mortgage insurance also encourages
lenders to make loans to otherwise credit worthy projects and
borrowers that might not be able to meet underwriting requirements that are conventional, protecting the
lender against loan
default on mortgages for properties that meet certain minimum requirements — including single - family, manufactured homes, and multifamily properties, and some health - related facilities.
FHA mortgage insurance also encourages
lenders to make loans to otherwise credit worthy projects and
borrowers that might not be able to meet underwriting requirements that are conventional, protecting the
lender against loan
default on mortgages for properties that meet certain minimum requirements — including single - family, manufactured homes, some health - related facilities, and multifamily properties.
PMI protects
lenders against loss in case
borrowers default on their loans.
The CMHC provides mortgage loan insurance to help protect
lenders against mortgage
default and enables home buyers to purchase homes with a minimum down payment of 5 %, and mortgage insurance is usually required for all mortgage applications whereby the
borrower is putting less than 20 % down payment of the purchase price.
The CMHC being the primary insurer of mortgage loans tries to protect the
lenders and the
borrowers against default.
The government insures the
lender against losses that occur when a
borrower defaults on the loan.
Is your job to provide
lenders with private mortgage insurance to protect them
against great loss should their
borrowers default on a mortgage?
Many private low - down loan programs insist
borrowers have good credit and also that they obtain private mortgage insurance, which is a small monthly insurance payment that insures the
lender against default.
What is more readily available are
lender insurance policies that protect
against two unlikely events:
borrower defaults and the environmental costs being higher than expected.
The agency insures approved
lenders against loss in the event of
borrower default.
High - ratio Mortgage - A mortgage that exceeds 75 percent of the loan - to - value ratio; must be insured by either the Canada Mortgage and Housing Corporation (CMHC) or a private insurer to protect the
lender against default by the
borrower who has less equity invested in the property.
Private Mortgage Insurance (PMI) Mortgage insurance provided by a private mortgage insurance company to protect
lenders against loss if a
borrower defaults.
The insurance protects the
lender against losses resulting from
borrower default.
Mortgage Insurance (MIP or PMI)-- Insurance purchased by the
borrower to insure the
lender or the government
against loss should you
default.
Private mortgage insurance, or PMI, insures the
lender against a
borrower's
default.
If a
borrower does not have cash to cover at least 20 % of the purchase price, some
lenders will require the
borrower to purchase private mortgage insurance to cover
against a possible
default.
The government insures the
lender against losses that might result from
borrower default.
PMI is paid by mortgage
borrowers, protecting mortgage
lenders against default and foreclosure.
If the purchase money loan for any type of real property is financed by the seller and secured by that same property, the
lender / seller may not obtain a deficiency judgment
against the
defaulting borrower / buyer..