This is commonly used as a street tree in tropical areas. As the Latin species name tells you, the fruits are small for figs. Latin Name: Ficus microcarpa. Other Common Names: Laurel fig, laurel rubber, Indian laurel, curtain fig, Malayan banyan, Cuban laurel, Indian laurel fig, strangling fig.
Private mortgage insurance, also abbreviated as âPMIâ, is a type of mortgage insurance used with conventional loans. Similar to other kinds of mortgage insurance, PMI protects the lender if you stop making payments on your home loan.PMI can be arranged by the lender and provided by private insurance companies.ypically on a conventional loan, if your down payment is less than 20 percent of the value of the home, lenders will require you to carry mortgage insurance.
19th Nov 2009 by Burt Carlson. PMI stands for Private Mortgage Insurance. This is insurance that a mortgage lender gets to insure itself in part from a loss on a loan. MIP is Mortgage Insurance Premium and is the cost of the insurance. On an FHA home loan the borrower is required to pay an up front payment based on a certain percentage of the loan amount. This is called the Up Front Mortgage Insurance Premium (UFMIP) and is included in the costs of an FHA loan. FHA also requires that a borrower pay a certain percentage of the loan amount monthly toward mortgage insurance.