Should You Pay for Private Mortgage Insurance? Here's When It Could Make Sense
Jun 01, 2020 - Nasdaq
Image source: You may have heard that you should not buy a home until you can put 20% down. To that well-worn piece of advice, we say, "Not so fast." Sometimes, paying private mortgage insurance (PMI) can make sense. What is PMI? PMI is an insurance policy that protects the mortgage lender if the borrower stops making payments. The reason people are so against it is that PMI protects the lender, but does nothing for the borrower. You generally only need PMI if you're taking out a conventi...
Sign up today to gain access to 5 free articles a month from over 200 top subscription outlets.
Are you ready to take your business development to the next level with RelSci Professional?
Nurture your network with daily alerts that notify you when your relationships make news
Map your relationships to any target or prospect to identify a warm introduction
Access unlimited deep dossiers on over 8 million decision makers
Best of all, you can try out all these powerful business development tools absolutely free for 30 days!
Check out News Home to stay on top of the people and organizations you care most about.
