At the same time, it protects the borrower a bit too: It means he or she will not be burdened with ruinous repair bills from the start, and — as a fundamentally sound place to live — provides more incentive to make
payments during difficult financial times to keep it.
Not exact matches
Known as «The Homeownership Company», it provides default mortgage insurance to Canadian residential mortgage lenders that enables low down
payment borrowers to own a home more affordably and stay in their homes
during difficult financial times.
The average college graduate leaves school with over $ 31,333 of debt — and 11.5 % of student borrowers are currently delinquent on their loans.In order to avoid defaulting on their loans
during difficult financial times, many students refinance their loans to lower their monthly
payment.