mortgage guarantee insurance

mortgage-guarantee insurance. Insurance provided by the Mortgage Guarantee Insurance Company to mortgage lenders that grant mortgages to parties having less than a 20% down payment. • The cost of the insurance is included in the closing costs. [Cases: Mortgages 201. C.J.S. Mortgages §§ 311–314.]
专业法律词汇 词条贡献者
法律翻译Virginia,毕业于一所旨在培养高级翻译专业人才的翻译院校,专注翻译各类与国际贸易与投资监管有关的法律文件。
Scroll to Top