Required by lenders on some loans to protect lenders from a possible default. Most conventional loans with down payments or home equity percentages that are less than 20 percent of the home value …
Mortgage Life Insurance
A special type of insurance that will pay off a mortgage if the borrower dies before the debt is retired. …
Mixed-Use Development
A project that combines several different functions, such as residential space above a commercial establishment or an entire development combining commercial, residential, and public accommodations. …
Miter
The manner in which two boards that meet at right angles are cut so that ends do not show. Miters are usually 45-degree cuts. …
Mixed-Income Housing
A neighborhood that contains houses of widely varying prices. …
Mastic
Mastic is a strong, flexible adhesive material commonly used in construction and home improvement projects to bond various surfaces together, including tiles, glass, wood, and metal. Available in …