Private Mortgage Insurance (PMI)  is a type of insurance that lenders require when a homebuyer puts down less than 20% on a conventional...

A Home Equity Conversion Mortgage (HECM)  is the most common type of reverse mortgage, insured by the Federal Housing Administration...

Mortgage recasting  is a process where a homeowner makes a large, lump-sum payment toward their mortgage principal, and the lender...