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Updated about 12 years ago on . Most recent reply

John Jabson's profile image
John Jabson's profile image
John Jabson
  • from Wheaton, Illinois
  • Member since Dec 11, 2012
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John Jabson's profile image
John Jabson's profile image
John Jabson
  • from Wheaton, Illinois
  • Member since Dec 11, 2012
Connect
John Jabson
  • Wheaton, IL
2
Votes |
55
Posts
Real Estate Deal Analysis & Advice

mortgage insurance...

John Jabson
  • Wheaton, IL
Posted

Is mortgage insurance on primary residences based on the appraised value of the home or the purchase price of the home? I know, for me, it's 80% but I'm not sure what it's based on. What's the norm?

(I will, of course, contact my lender but just wondering what you've ran into.)

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