Private mortgage insurance, or PMI, is a type of insurance that buyers are required to purchase if they’re unable to put down at least 20% on a home. While PMI can be a godsend for some buyers, others view it as an unnecessary expense. And still, others believe some common myths about PMI insurance that […]
As a homeowner, you’re probably familiar with the term “PMI insurance.” You may know that it’s something that lenders require if you don’t have a large enough down payment, and you may even know that the premiums can be expensive. But do you know what PMI insurance is and how it works? Here’s A Quick […]
Do you own a home? If so, then you need PMI insurance. It’s that simple. While there are some people who try to convince you otherwise, the fact of the matter is that PMI insurance is a necessity for anyone who wants to protect their biggest investment. In this blog post, we will discuss the […]
Homeowners insurance is vital to have, but it can be pricey—especially if you have to pay for private mortgage insurance (PMI). PMI is a type of insurance that helps protect your lender if you can’t pay back your mortgage. It’s typically required if you have a conventional loan and put down less than 20% as […]
If you’re a first-time homebuyer, you’ve probably heard of PMI insurance. PMI, or private mortgage insurance, is a type of insurance that’s typically required by lenders when borrowers make a down payment that’s less than 20% of the home’s purchase price. While PMI insurance can be beneficial, there are also a lot of misconceptions about […]
As a homeowner, you know that your home is one of your biggest investments. And, like any investment, you want to protect it. That’s where PMI insurance comes in. PMI insurance is a type of mortgage insurance that protects lenders from losses if a borrower defaults on their home loan. It’s required by most lenders […]
Private Mortgage Insurance, or PMI, is a type of insurance that mortgage lenders require from some home buyers who obtain loans with less than a 20% down payment. In this post, we’ll explore the pros and cons of PMI insurance to help you decide if it’s the right choice for you. The Pros Of PMI […]
PMI insurance, also called private mortgage insurance, is a type of mortgage insurance that you may be required to buy if you have a conventional loan. PMI insures the lender in case you default on your loan and the home goes into foreclosure. If you’re wondering whether you need PMI insurance or how to get […]
Homeowners insurance is one of those things that’s easy to overlook. After all, what’s the point of paying for something that you hope you’ll never have to use? But as anyone who’s ever had to file a claim will tell you, homeowners insurance is worth every penny. And when it comes to bang for your […]
Private mortgage insurance (PMI) is a type of insurance that you may be required to pay for if you’re not able to put down a 20% down payment when buying a home. It protects the lender in case you default on your loan. PMI can be expensive, so before you decide to get it, make […]
