A type of term life insurance where the amount of coverage decreases as the mortgage balance declines. In the event that the borrower dies while the policy is in effect, the insurance policy automatically pays off the debt.
Raleigh Luxury Living Team Member
Linda grew up in Wisconsin, moved to Florida, and found her happy middle ground in 1991, moving to Raleigh. Linda spent 20 years in the airline industry and has been in real estate for 14 years. In her career, she has sold over 300 million dollars worth of real estate.
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