A policy that insures the lender against loss should the homeowner default on a mortgage. Depending on the loan, the insurance can be issued by a government agency such as the Federal Housing Administration (FHA) or a private company. It is part of the monthly mortgage payment. See also private mortgage insurance (PHI).


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Crowder Mortgage

Jim Crowder

1434 Spruce Street

STE 100

Boulder, CO 80302


877.762.4375

303.243.3918