When people hear PMI, or private mortgage insurance, they might think, “UGH – it’s extra on my monthly mortgage, I can’t wait until it goes away!” Watch our #GoodToKnow REALTORS® Karena…
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private mortgage insurance
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If you are looking to buy a home but plan to make a down payment of less than 20%, most lenders will require private mortgage insurance. Mortgage insurance protects the lender…