Explained: Individual Home loan Insurance coverage and why PMI Is not Constantly Bad
Explained: Personal Mortgage Insurance and just why PMI Is not Always Bad
Personal financial insurance, or PMI, is one of the things that lots of homebuyers pick a bit mystifying. Consequently, financing officers often find themselves responding questions regarding PMI, for example:
- What exactly is PMI?
- So why do I have to spend PMI?
- So what does PMI costs?
- Do you know the bad and good aspects of having to pay PMI?
- How to eliminate PMI? Read more