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How to Get Private Mortgage Insurance

Private mortgage insurance, or PMI, is required of most borrowers who have less than a 20 percent down payment. With PMI, even with a small down payment, you can still be an attractive mortgage risk to the lender. Steps: Identify the home you are interested in. Calculate the standard 20 Read more…

By admin, 1 yearOctober 5, 2021 ago
Real estate investing

How to Get a Loan Without Private Mortgage Insurance (PMI)

Private Mortgage Insurance, or PMI, is an additional monthly fee required by most lenders when the down payment on a home is less than 20 percent. Here are some ways to get around PMI. Steps: Gather or borrow enough funds to make your down payment greater than 20 percent. Buy Read more…

By admin, 1 yearOctober 5, 2021 ago
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