tyree678 tyree678
  • 23-04-2018
  • Social Studies
contestada

Shanna's mortgage company requires insurance coverage. Which type of insurance would she need?

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brooklynceyy
brooklynceyy brooklynceyy
  • 23-04-2018
home insurance / home owners insurance
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guilhermesvillela guilhermesvillela
  • 11-03-2019

Mortgage Insurance  (also known as mortgage guarantee and home-loan insurance) this type of insurance is made so that the lenders don't have some safety net in case the borrower doesn't met his legal obligations of payment.

Answer she would likely need Mortgage Insurance.

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