0xbt

Lender paid exclusive home mortgage insurance, or LPMI, resembles BPMI except that it is paid by the loan provider and also constructed into the rates of interest of the home mortgage. LPMI is normally a feature of car loans that claim not to require Home mortgage Insurance coverage for high LTV lendings. Debtors incorrectly assume that exclusive mortgage insurance makes them special, however there are no private solutions provided with this sort of insurance policy.