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Many potential homebuyers balk at the thought of putting down 20% of a home's purchase price to secure a mortgage. The good news is that you can get a mortgage with a much smaller down payment — but ...
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What is mortgage insurance?

Mortgage insurance is an insurance policy that protects the mortgage lender in case you are unable to pay back your mortgage.
Mortgage insurance is a fee you pay to your lender to cover risks associated with funding your loan. Different loan types have different kinds of mortgage insurance, which may require either upfront ...