10 Mortgage Abbreviations You Need To Know » Mortgage Masters Group

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6 Common Home Loan Mortgage Abbreviations – Guild Mortgage Tacoma – At first MI looks like an abbreviation for the state of Michigan. MI means mortgage insurance, and you’ll sometimes see it written as PMI (private mortgage insurance) or lmpi (lender-paid mortgage insurance). mortgage insurance is required if your down payment on a home is less than 20 percent of the appraised value or sale price.

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What Did Typical Florida Home Buyers & Sellers Look Like in 2012? After the 2008 crisis: mortgages are safer but tougher to come by – Keri Weishaar lives in a spacious, four-bedroom house near Tampa, Florida. qualified buyers, but in many cases banks have overlaid stricter qualifying requirements, like higher credit scores..

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5 Things You Need To Know About Your Student Loans – You may have federal loans, private loans, state loans, loans from your school, or some combination. Different loan types can have very different terms and conditions, so be sure you know what types ..

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Mortgage Abbreviations – Browse and search thousands of Mortgage Abbreviations and acronyms in our comprehensive reference resource.. Know a good shorthand in the Mortgage jargon that we miss? Don’t keep it to yourself!. Get instant explanation for any acronym or abbreviation that hits you anywhere on the web!