mortgage protection

  • 1mortgage protection insurance — ➔ insurance * * * mortgage protection insurance UK US noun [U] also US mortgage insurance) INSURANCE ► a type of insurance that will pay the amount of money you owe on a mortgage if you are unable to pay it: »One in ten borrowers have taken out… …

    Financial and business terms

  • 2mortgage protection policy — A life insurance policy that pays off your mortgage if you were to die during the mortgage term. Financial Services Glossary * * * mortgage protection policy mortgage protection policy ➔ insurance policy * * * mortgage protection policy UK US… …

    Financial and business terms

  • 3Mortgage Choice — Limited Type Public limited company Traded as ASX: MOC …

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  • 4mortgage indemnity insurance — UK US noun [U] UK INSURANCE ► a type of insurance that protects a financial organization against loss if someone is unable to pay back their mortgage: »Loans above 75 per cent involve mortgage indemnity insurance. → Compare MORTGAGE PROTECTION… …

    Financial and business terms

  • 5Mortgage fraud — is crime in which the intent is to materially misrepresent or omit information on a mortgage loan application to obtain a loan or to obtain a larger loan than would have been obtained had the lender or borrower known the truth. In United States… …

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  • 6Mortgage life insurance — is a form of insurance specifically designed to protect a repayment mortgage. If the policyholder were to die while the mortgage life insurance was in force, the policy would pay out a capital sum that will be just sufficient to repay the… …

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  • 7Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets …

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  • 8mortgage — mort·gage 1 / mȯr gij/ n [Anglo French, from Old French, from mort dead (from Latin mortuus ) + gage security] 1 a: a conveyance of title to property that is given to secure an obligation (as a debt) and that is defeated upon payment or… …

    Law dictionary

  • 9Protection and indemnity insurance — Protection and indemnity insurance, commonly known as P I, is a form of marine insurance provided by a P I Club. A P I Club is a mutual (i.e. co operative) insurance association that provides cover for its members, who will typically be ship… …

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  • 10Mortgage insurance — For information on insurance guaranteeing payment of the mortgage in the event of death or disability, see mortgage life insurance. Mortgage insurance (also known as mortgage guaranty) is an insurance policy which compensates lenders or investors …

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