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What exactly is the essential difference between PMI and Mortgage Protection Insurance?

What exactly is the essential difference between PMI and Mortgage Protection Insurance? Personal home loan insurance coverage protects the financial institution while mortgage insurance coverage security is for the borrower. Numerous home owners are confused concerning the distinction between PMI (private home loan insurance coverage) and home loan security insurance coverage. The 2 are extremely different—and it is vital to comprehend the difference among them.

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