There are currently 6 names in this directory beginning with the letter I.
offers financial protection in the event of a loss and protects you against financial losses on your property as a result of fire, wind, natural disasters or other hazards. Most lenders will require you to have a homeowner's insurance policy on your home because it will help protect their investment as well as yours.
cost of borrowing money. In the early stages of your mortgage term, your monthly payment is mostly interest. As you continue to make payments through the years, a smaller portion of your payment goes to interest.
A figure calculated as a percentage which is used in the financial industry to indicate the rate charged for use of money in a loan.