Mortgage Insurance Makes a Difference
What is Mortgage Insurance? Mortgage insurance is required when at least 20 percent of a home’s purchase price is not provided as a down payment. Basically, mortgage insurance protects lenders against […]
Tag Archives: pmi
What is Private Mortgage Insurance?
What is Private Mortgage Insurance or PMI? Private Mortgage Insurance (PMI) is a policy provided by private mortgage insurers to protect lenders against loss if a borrower defaults. The benefit of private mortgage insurance to […]
