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4 Alternative Options to Private Mortgage Insurance

4 Alternative Options to Private Mortgage Insurance

July 2, 2023 by Iyierioba
4 Alternative Options to Private Mortgage Insurance

  Purchasing a home is a significant milestone in many people’s lives, but it often comes with the added cost of private mortgage insurance (PMI). PMI is typically required by lenders when a homebuyer puts down less than 20% of the home’s purchase price.  While PMI provides protection to the lender in case the borrower … Read more

Categories Insurance Tags 4 Alternative Options to Private Mortgage Insurance

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