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2. Private mortgage insurance (PMI): What it is and how it works

   www.aol.com/finance/private-mortgage-insurance...

   The amount you pay in PMI depends on your loan and down payment size, whether it's a fixed- or adjustable-rate mortgage and your credit score.

3. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   The major variables in a mortgage calculation include loan principal, balance, periodic compound interest rate, number of payments per year, total number of payments and the regular payment amount. More complex calculators can take into account other costs associated with a mortgage, such as local and state taxes, and insurance.

4. What is a mortgage? A definitive guide for aspiring homeowners

   www.aol.com/finance/mortgage-definitive-guide...

   A mortgage is a long-term loan from a financial institution that helps you purchase a home, with the home itself serving as collateral. Mortgage payments typically consist of principal (the amount ...

5. Lenders mortgage insurance - Wikipedia

   en.wikipedia.org/wiki/Lenders_mortgage_insurance

   Lenders mortgage insurance ( LMI ), also known as private mortgage insurance ( PMI) in the US, is a type of insurance payable to a lender or to a trustee for a pool of securities that may be required when taking out a mortgage loan. Its purpose is to offset losses in the case where a mortgagor is not able to repay the loan and the lender is not ...

6. Loan servicing - Wikipedia

   en.wikipedia.org/wiki/Loan_servicing

   Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower.

7. Types of Mortgage Loans: What Homebuyers Need To Know - AOL

   www.aol.com/finance/types-mortgage-loans...

   Types of Mortgage Loans There’s no one best mortgage loan for every buyer, so it’s important to understand your options. Keep reading to learn about the following types of mortgage loans ...

8. Mortgage insurance - Wikipedia

   en.wikipedia.org/wiki/Mortgage_insurance

   For insurance guaranteeing payment of the mortgage in the event of death or disability, see Mortgage life insurance. Mortgage insurance (also known as mortgage guarantee and home-loan insurance) is an insurance policy which compensates lenders or investors in mortgage-backed securities for losses due to the default of a mortgage loan.

9. Should you use a home equity loan to pay off an auto loan?

   www.aol.com/finance/home-equity-loan-pay-off...

   Benefits of using a home equity loan to pay off a car loan. Flexible terms: Home equity loans generally have more flexible loan terms than auto l oans. Home equity loan terms range from 5 to 30 ...