Hüpoteegi kindlustuse esitlus inglise keeles
What I am talking
What is mortage insurance?
Private mortgage insurance
Pros and cons of private mortage
insurance
How to get rid and avoid private mortage
insurance?
What is mortage insurance?
Mortgage insurance (also known as
mortgage guaranty) is an insurance
policy which compensates lenders or
investors for losses due to the default of
a mortgage loan.
Private mortgage
insurance
insures the lender
down payments are below 20%
rates 1.5% to 6%
rates paid in a single lump sum,
annually, monthly
payments tax-deductible(maksustatavat
tulu vähendav kulu)
Private mortgage insurance
types
Lender-Paid Private Borrower-Paid Private
Mortgage Insurance Mortgage Insurance
(LPMI) (BPMI)
Cost included in the Premium added to monthly
interest rate mortgage payment
Higher monthly mortgage
Low...