What Does Mortage Ins. Do And What If You Die And Can't Pay Mortgage?
I'm thinking of getting and fha loan and you have to have this ins what does it do
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asked 10 months ago
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I linked to an article below on the difference between mortgage life insurance and private mortgage insurance (PMI). For FHA you're paying pretty much the same thing as PMI but it's not called that. It's just part of the FHA program and works nearly the same way. It's in case you default the lender gets protection.
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