Mortgage Insurance Premium

Definition of "Mortgage Insurance Premium"

Nicholas  Tselepis & Alexandra "Alexa" Constandinou real estate agent
Nicholas Tselepis & Alexandra "Alexa" Constandinou, Real Estate Agent Nicholas Real Estate Agency

The upfront and/or periodic charges that the borrower pays for mortgage insurance. There are different mortgage insurance plans with differing combinations of monthly, annual, and upfront premiums.


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