PMI or Private Mortgage Insurance.. is making a come back where the down payment on purchase is less than 20% down. Basically mortgage insurance is a guarantee that helps protect lenders, not buyers, against the costs of foreclosure.
www.realtyandamortgage.com/blog/what-is-private-mortgage-insurance/
Showing posts with label private. Show all posts
Showing posts with label private. Show all posts
Thursday, November 27, 2008
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