mortgage insurance Definition

mortgage insurance

Definition

Insurance protecting a lender against loss from a mortgagor's default. Issued by the FHA or a private mortgage insurer.

This content can be found on the following page:

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

email
print
cite
link
translate
share

mortgage insurance is ...
... part of the Insurance, Lending & Credit and Real Estate subjects.

Related Terms

Annual Percentage Rate - More

closing statement - More

insured mortgage - More

Private Mortgage Insurance, HUD-1 statement, PMI, settlement sheet

mortgage insurance appears in the definitions of these other terms on BusinessDictionary.com

plain language law