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    • Mortgage Insurance Premium

    (MIP) The monthly insurance paid by the borrower to offset any potential loss in case of foreclosure.

    See also:
  • Maturity Date
  • Mechanics Lien
  • Metes & Bounds
  • MIP
  • MLS
  • Molds
  • Mortgage
  • Mortgage Banker
  • Mortgage Broker
  • Mortgage Insurance
  • Mortgage Insurance Premium
  • Mortgage Interest Rate
  • Mortgagee
  • Mortgagor
  • Multiple Listing Service
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  • See also: Real Estate Glossary

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