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  2. What is mortgage insurance? - AOL

    www.aol.com/finance/mortgage-insurance-174421492...

    Whether mortgage insurance is required depends on the mortgage type and your down payment. For a conventional loan, you’ll pay mortgage insurance if you put less than 20 percent down.

  3. What Is Mortgage Insurance? How It Works and Who Should ... - AOL

    www.aol.com/mortgage-insurance-works-000002463.html

    Mortgage protection insurance, or MPI, is a type of credit life insurance that pays off your loan if you die. It’s strictly voluntary, but it’s expensive — about 0.50% of your loan amount ...

  4. Mortgage insurance vs homeowners insurance: what’s the ...

    www.aol.com/finance/mortgage-insurance-vs...

    Whether you are required to carry mortgage insurance depends on the circumstances of your mortgage. Most conventional and FHA loans without a 20 percent down payment will require private mortgage ...

  5. Mortgage insurance - Wikipedia

    en.wikipedia.org/wiki/Mortgage_insurance

    Private mortgage insurance, or PMI, is typically required with most conventional (non government backed) mortgage programs when the down payment or equity position is less than 20% of the property value.

  6. Lenders mortgage insurance - Wikipedia

    en.wikipedia.org/wiki/Lenders_mortgage_insurance

    Lenders mortgage insurance (LMI), also known as private mortgage insurance (PMI) in the US, is a type of insurance payable to a lender or to a trustee for a pool of securities that may be required when taking out a mortgage loan. Its purpose is to offset losses in the case where a mortgagor is not able to repay the loan and the lender is not ...

  7. Mortgage life insurance - Wikipedia

    en.wikipedia.org/wiki/Mortgage_life_insurance

    Mortgage life insurance is a form of insurance specifically designed to ... [citation needed]. As such, mortgage life insurance can cover the biggest expense left by ...

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