Tag pmi

First Time Home Buyer, Home Buyer, Mortgage

What is Private Mortgage Insurance? Do I Need PMI? How Do I Avoid PMI?

What is PMI or Private Mortgage Insurance. PMI protects a lender if a homeowner should default on their mortgage. It is an insurance many lender require for low money down borrowers.

Kevin Vitali
July 3, 2023
4 Comments

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