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By Daniela Quiroz

What Is Private Mortgage Insurance (PMI), and How Can You Avoid It?

PMI: What Every Homebuyer Should Know Buying a home is exciting, but there’s one extra cost that surprises many first-time buyers: Private Mortgage Insurance (PMI). If you’re planning to put less than 20% down on a conventional loan, PMI is almost guaranteed to be part of the picture. Here’s the truth—PMI doesn’t protect you as the homeowner. It protects the lender in case you stop making payments. But understanding how it works, how much it costs, and how to get rid of it as quickly as possib

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PMI: What Every Homebuyer Should KnowBuying a home is exciting, but there’s one extra cost that surprises many first-time buyers: Private Mortgage Insurance (PMI). If you’re planning to put less than 20% down on a conventional loan, PMI is almost guaranteed to be part of the picture.Here’s the truth—PMI doesn’t protect you as the homeowner. It prot...
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Choosing a lender for a mortgage is one of the primary steps in the refinancing procedure, just like taking out a mortgage. Your lender will help you choose the best refinance to reach your financial and personal areas today and in the future. Get A Free Mortgage Quote There are many features to think about before choosing a lender and determining whether you should refinance your mortgage at all. Let’s explore some of the most essential refinancing questions you and your lender should ask

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