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Treasure Coast FL, mortgage insurance, loan options

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Important Information On Lender Paid Mortgage Insurance For Treasure Coast FL Mortgages

April 18, 2013 //  by Sonny Solomon

Mortgage insurance is often required when a home buyer puts less than twenty percent down of the value of a property. It protects mortgage companies against financial loss when a homeowner fail to pay a mortgage. Even though it insures the lender, it is commonly billed to the homeowner as a closing cost and additional monthly fee. In certain cases, a mortgage company will cover the expense of the …

Category: Mortgage InfoTag: Treasure Coast FL, Treasure Coast FL, mortgage insurance, loan options

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