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Sample PMI Annual Disclosure for Private Mortgage Insurance

Builders Risk Insurance

PMI Disclosure (Sample) Sample Annual PMI Disclosure We (Lender) require you (Borrower) to maintain private mortgage insurance (PMI)) in connection with your mortgage loan. PMI protects lenders and others against financial loss if borrowers default. Federal Law provides that under certain circumstances, you may have the right to cancel Private Mortgage Insurance (PMI). Federal Law also establishes when Private …

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