What Does Mortgage Guarantee Insurance Mean?

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What does Mortgage Guarantee Insurance mean? Read on to discover the definition & meaning of the term Mortgage Guarantee Insurance - to help you better understand the language used in insurance policies.

Mortgage Guarantee Insurance

Mortgage Guarantee Insurance

Mortgage guarantee insurance is a policy meant to protect a mortgage lender in the event that a borrower is no longer able to repay their loan or meet other contractual stipulations regarding the loan.

We hope the you have a better understanding of the meaning of Mortgage Guarantee Insurance.

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