Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• MORTGAGE INSURANCE (MIP OR PMI) - Insurance purchased by the borrower to insure the lender or the gover...
  
  
• MORTGAGE INSURANCE (PRIVATE MORTGAGE INSURANCE - PMI) - Money paid to insure the mortgage when the down...
  
  
• MORTGAGE INSURANCE CANCELLATION - Canceling a mortgage insurance policy.
  
  
• MORTGAGE INSURANCE CERTIFICATE (MIC) - Certificate issued by HUD/FHA as evidence that a mortgage has be...
  
  
• MORTGAGE INSURANCE PREMIUM - The up-front and/or periodic charges that the borrower pays for mortgage i...
  
  
• MORTGAGE INSURANCE PREMIUM (MIP) - One-half percent that borrowers pay each month on FHA insured mortga...
  
  
• MORTGAGE INSURANCE PREMIUMS (MIP) - Most FHA loans require the borrower to pay two mortgage insurance p...
  
  
• MORTGAGE INTEREST DEDUCTION - A federal tax deduction for interest paid on a mortgage used to acquire, ...
  
  
• MORTGAGE INTEREST EXPENSE - A tax term for interest paid on a loan secured by your home that is fully d...
  
  
• MORTGAGE INVESTOR - Any person or institution that invests in mortgages. By buying mortgage loans from ...