How to Avoid Paying Private Mortgage Insurance When Buying a Home
Are you planning on purchasing your first home this year? Have you heard your friends, family, and possibly your REALTOR® mentioning private mortgage insurance? When you use a mortgage to buy a home, if you have less than 20% down, the lender will require you to pay private mortgage insurance (PMI). PMI protects the lender… The post How to Avoid Paying Private Mortgage Insurance When Buying a Home appeared first on RISMedia.
Are you planning on purchasing your first home this year? Have you heard your friends, family, and possibly your REALTOR® mentioning private mortgage insurance? When you use a mortgage to buy a home, if you have less than 20% down, the lender will require you to pay private mortgage insurance (PMI). PMI protects the lender…
The post How to Avoid Paying Private Mortgage Insurance When Buying a Home appeared first on RISMedia.
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