Accident And Health Premium

A portion of the amount paid by a borrower for mortgage insurance that ensures the continuance of mortgage payments in the event of a mortgagor’s disability or illness.

Term Source: MBA Glossary
Categories: Data
Hash Tags: #MBAGlossary

©2020 The Mortgage Industry Standards Maintenance Organization. All rights reserved.

AUTHORIZED USAGE: All usage of this product is dictated by the terms and conditions within the MISMO 2018 Intellectual Property Rights (IPR) Policy For more information, please see complete Authorized Usage / Patent Disclosure Request or contact