英语词汇“lender-paid private mortgage insurance”的翻译、意思、用法、释义-英汉经管词典

单词	lender-paid private mortgage insurance
释义	lender-paid private mortgage insurance Definition The private mortgage insurance that the lender pays for the borrower. Lenders who pay the private mortgage insurance will charge a higher interest rate to compensate for the cost of the insurance. If the loan to value ratio is over 80 percent, mortgage insurance is usually mandatory.
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