英语词汇“mutual mortgage insurance fund”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

单词	mutual mortgage insurance fund
释义	Mutual Mortgage Insurance Fund Mutual Mortgage Insurance Fund A pool of liquidity that provides insurance on FHA mortgages. That is, the mutual mortgage insurance fund compensates the Federal Housing Administration in the event of default on a single family home purchased with an FHA loan. Home buyers must pay the premiums for the mutual mortgage fund, including 1.5% of the value of the loan at closing and 0.5% every year until the buyer has 22% equity in the home. AcronymsSeeMMIF
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Mutual Mortgage Insurance Fund

Mutual Mortgage Insurance Fund