Buying a Home With the Help of Mortgage Insurance
Prairie Eco-Thrifter
JANUARY 16, 2012
If you’re one of the many people who can’t afford to put down the preferred 20% down payment, then you will be required by the lender to get mortgage insurance. The Definition of Mortgage Insurance. Private mortgage insurance , orPMI, protects the lender and investor from loss, not the borrower. So, what do you think?
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