Posts Tagged ‘What Is PMI?’
How To Calculate Private Mortgage Insurance? Private Mortgage insurance is the payment that is made along with the mortgage payments when the mortgage is greater than 80% of the property value. So, PMI serves as insurance to the lender when you default on your payments.
Homeowner Insurance You can greatly reduce the rate of homeowner insurance with a few easy steps. We all know homeowner’s insurance can be a great expense but you can minimize this. In this article we will outline several ways to reduce your home owner insurance rate.
Calculate Private Mortgage Insurance When you purchase a home it is one of the most important and stressful experiences of your life. Usually this includes the fact, you will have to calculate private mortgage insurance, one of several extra expenses. Unless you as a buyer, has a lot of cash at the ready, you [...]