If you are purchasing a home with less than 20 percent down payment it is important to understand what PMI is and how you can save on your PMI. Knowing your options could save you thousands of dollars over the life of your mortgage.
If you are purchasing a home with less than 20 percent down payment it is important to understand what PMI is and how you can save on your PMI. Knowing your options could save you thousands of dollars over the life of your mortgage.
I like the Single Payment Option where you wind up paying about 3 years worth of PMI total !
Angeles - Thanks for sharing this excellent information regarding PMI, and all the options a borrower has. I am sure many people looking for a home loan don't realize that they have all these options.
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