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  2. How to compare lenders for first-time homebuyers - AOL

    www.aol.com/finance/compare-lenders-first-time...

    Mortgage insurance. First-time buyers may find that they need to pay for mortgage insurance, which covers the risk associated with financing their loan, if they put down less than 20 percent on ...

  3. Home insurance - Wikipedia

    en.wikipedia.org/wiki/Home_insurance

    For this reason, there has been a shift in how home insurance is bought in the UK—as customers become a lot more price-sensitive, there has been a large increase in the amount of policies sold through price comparison sites. In addition to standard home insurance, some 8 million households in the UK are categorized as being a "non-standard" risk.

  4. Collateral protection insurance - Wikipedia

    en.wikipedia.org/.../Collateral_protection_insurance

    Collateral Protection Insurance, or CPI, insures property held as collateral for loans made by lending institutions. CPI, also known as force-placed insurance and lender placed insurance, [1] may be classified as single-interest insurance if it protects the interest of the lender, a single party, or as dual-interest insurance coverage if it protects the interest of both the lender and the ...

  5. Mortgage insurance - Wikipedia

    en.wikipedia.org/wiki/Mortgage_insurance

    In 1999 the Homeowners Protection Act of 1998 came into effect as a federal law of the United States, which requires automatic termination of mortgage insurance in certain cases for homeowners when the loan-to-value on the home reaches 78%; prior to the law, homeowners had limited recourse to cancel [9] and by one estimate, 250,000 homeowners ...

  6. Mortgage protection insurance: What it is and when you might ...

    www.aol.com/finance/mortgage-protection...

    Mortgage protection insurance is an insurance policy that pays off the remainder of your mortgage if you pass away or if you become disabled and can’t work. In that way, it functions similarly ...

  7. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    Fannie Mae’s HomePath ReadyBuyer program is geared toward first-time buyers interested in a foreclosed home. After taking a required online homebuyer education course, you can receive up to 3 ...

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