Buying a Home With the Help of Mortgage Insurance
Prairie Eco-Thrifter
JANUARY 16, 2012
Private mortgage insurance , orPMI, protects the lender and investor from loss, not the borrower. As you consider all the facets of being a homeowner and how it will affect your financial well-being, consider this: MI is not only a requirement for people with less than 20% to put down, it’s actually affordable.
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