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mortgage insurance premium

См. также в других словарях:

  • Qualified Mortgage Insurance Premium — Premium paid by homeowners on mortgage insurance for FHA loans that can be deducted in the same manner as home mortgage interest. Qualified mortgage insurance premiums can be deducted in addition to allowable mortgage interest for up to three… …   Investment dictionary

  • Mortgage insurance — For information on insurance guaranteeing payment of the mortgage in the event of death or disability, see mortgage life insurance. Mortgage insurance (also known as mortgage guaranty) is an insurance policy which compensates lenders or investors …   Wikipedia

  • Mortgage Insurance — An insurance policy that protects a mortgage lender or title holder in the event that the borrower defaults on payments, dies, or is otherwise unable to meet the contractual obligations of the mortgage. Mortgage insurance can refer to private… …   Investment dictionary

  • Lenders mortgage insurance — (LMI), also known as Private mortgage insurance (PMI) in the US, is insurance payable to a lender or trustee for a pool of securities that may be required when taking out a mortgage loan. It is insurance to offset losses in the case where a… …   Wikipedia

  • Up-Front Mortgage Insurance - UFMI — An insurance premium that is collected, typically on Federal Housing Administration (FHA) loans, at the time the loan is initially made. It is in contrast to private mortgage insurance (PMI), which is collected by the lender each month when a… …   Investment dictionary

  • Mutual Mortgage Insurance Fund — A fund that insures mortgages made by the Federal Housing Administration (FHA) on single family homes. Mortgagors pay into the fund with a one time premium of 1.5% of the loan amount, paid at closing, and annual mortgage insurance premiums of… …   Investment dictionary

  • Mortgage life insurance — is a form of insurance specifically designed to protect a repayment mortgage. If the policyholder were to die while the mortgage life insurance was in force, the policy would pay out a capital sum that will be just sufficient to repay the… …   Wikipedia

  • insurance — in·sur·ance /in shu̇r əns, in ˌshu̇r / n 1: the action, process, or means of insuring or the state of being insured usu. against loss or damage by a contingent event (as death, fire, accident, or sickness) 2 a: the business of insuring persons or …   Law dictionary

  • Private Mortgage Insurance - PMI — A policy provided by private mortgage insurers to protect lenders against loss if a borrower defaults. Most lenders require PMI for loans with loan to value (LTV) percentages in excess of 80%. This allows the borrower to make a smaller down… …   Investment dictionary

  • Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …   Wikipedia

  • insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …   Universalium

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