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Mortgage insurance is an insurance policy designed to protect the mortgagee (lender) from any default by the mortgagor (borrower). It is used commonly in loans with a loan-to-value ratio over 80%, and employed in the event of foreclosure and repossession.

Mortgage principal is the amount of money you borrow from a lender. If a mortgage is for $250,000, then the mortgage principal is $250,000. You pay the principal, with interest, back to the lender over time through mortgage payments. At the time this publication went to print, Congress was considering legislation to extend the itemized deduction for mortgage insurance premiums. To find out if.

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Recapping My Last 2 Articles – Mortgage Communications Spot – Florida Mortgages, Tampa Bay, Loans for First Time Buyers, FHA, VA and Refinance First Time Home Buyers Minimum Credit Score for 2018. – 2018 will bring many changes to Hillsborough, Pinellas & Pasco county mortgage loan programs for first-time buyers. fha home loans: First.

Florida Home Mortgage and Foreclosures Info Search for a property listing in Florida. Curious about florida foreclosures? bank of America’s Real Estate Center is a great place to begin your search for Florida bank-owned homes. Your real estate agent and mortgage loan officer can help you understand the loan solutions available when purchasing a foreclosed home in Florida.

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