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What Is PMI? A Guide to Private Mortgage InsurancePMI stands for Private Mortgage Insurance. The purpose of PMI is to protect the lender in the event you fail to make your ...
The main types include: Private mortgage insurance (PMI) is a type of mortgage insurance added to a conventional mortgage when the borrower makes a low down payment. If you get a conventional ...
Private mortgage insurance, or PMI, can help you buy a home faster with less than 20% down. PMI cost depends on your credit rating, loan type and down payment size. PMI can often be avoided when ...
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