Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Lender-Purchased Mortgage Insurance

Fannie Mae

Updated 10-31-2026

Lender-Purchased Mortgage Insurance

Mortgage insurance coverage for a conventional mortgage loan that the lender pays for by using its own funds, rather than requiring the borrower to include periodic accruals for such coverage as part of their mortgage payment.

Fannie Mae Glossary of Terms

Fannie Mae · p. 26

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