arrowHome arrow FAQ arrow Would a Mortgagee's Policy protect the buyer as well as the lender? Monday, 13 October 2008  




 
 
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Would a Mortgagee's Policy protect the buyer as well as the lender? Print E-mail
Only to the extent the loan would be paid off if there were a loss. This "indirect" protection to the owner would decline as the loan is paid down. There would be no equity protection to the buyer.
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