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Top articles:

North Dakota only allows judicial or in court foreclosures. This means that when a bank believes tha...
» ND   » Foreclosure05/02/2008
 
Indiana is a strictly judicial state, when it comes to foreclosure laws. This means that is only han...
» IN   » Foreclosure05/03/2008
 
Kentucky is one of the states that allows only judicial or in-court foreclosure. This means that the...
» KY   » Foreclosure05/03/2008
 
When is the best time and what is the best thing to buy is a common question among investors. It is ...
» IL   » Investments04/10/2010
 
In the cleanup phase of the Great Housing Bubble, the lucky ones are those profiting from recycling ...
» NV   » Mortgage03/23/2011
 
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Private Mortgage Insurance

Insurance paid to a private firm to insure the top 20% to 25% of a loan against default. It is rarely required when the owners’ equity exceeds 20% of the fair market value of the property.

See also:
  • Payment
  • Payment Cap
  • Personal Liability
  • PITI
  • Planned Unit Development
  • Plat
  • Points
  • Possession
  • Power of sale
  • Prepaid
  • Prepayment Penalty
  • Prequalification
  • Principal
  • Private Mortgage Insurance
  • Property Tax
  • PUD
  • Purchase and Sale Agreement

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