Insurance, Mortgage

How to Avoid Private Mortgage Insurance (PMI): Tips for Homebuyers

Overview Private Mortgage Insurance (PMI) can be a significant cost for homebuyers, particularly those who are putting down less than 20% of the home’s purchase price. While PMI is designed to protect lenders in case borrowers default on their loans, it can add hundreds of dollars to your monthly mortgage payments. Fortunately, there are several […]

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