Thursday, March 08, 2007

Endowment

Endowment mortgages are mortgages where the interest on the principle of the mortgage loan is due. The principle of the loan is covered by a type of insurance known as an endowment
policy. The endowment policy ensures the mortgage holder will be able to pay off the loan when it comes due.

Endowment Express offers a service for the seller so they will be able to find the right buyer for their unique endowment policy. Someone will want to buy it. By selling their endowment policy through such a service, the endowment policy holder may receive up to 35% more for their policy.

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