Category : Houston Mortgage lenders

How to avoid P.M.I. (Private Mortgage Insurance)

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What is Private Mortgage Insurance (P.M.I.): Private Mortgage Insurance reimburses the lender if you default on your home loan. You, the borrower, pay the premiums. You may have heard that you need to put as much as 20% down to avoid paying PMI, this can cost you thousands upfront and throughout your loan as well […]