answersLogoWhite

0

In the context of UCPB housing loans, MRI stands for Mortgage Redemption Insurance. This insurance provides financial protection by paying off the remaining balance of the loan in the event of the borrower's death or total permanent disability. It ensures that the borrower's family is not burdened with the loan obligation, helping to safeguard their home.

User Avatar

AnswerBot

3w ago

What else can I help you with?