Single File Mortgage Insurance  Mortgage Glossary

Mortgage Glossary

Below is an A-Z glossary of general terms used within the mortgage industry. Click on any term to view a detailed explanation. Use the alphabet below to navigate quickly to a term beginning with:



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Single File Mortgage Insurance

Traditionally, the mortgage insurance premiums are paid by the borrower despite the fact that they are demanded by the lender. Some lenders may offer to pay the premiums as a way of attracting new borrowers or assisting first time buyers.

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Typical Interest Payments

First Time Buyers

2.89%

Purchased Fixed

2.89%

Discounted Rate

2.99%

Buy To Let

2.99%

Commercial

3%

 

 

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Questions & Answers

Read about general questions asked by brokers and lenders and the best ways to answer...

Mortgage Glossary

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