06/19/2019 What You Need to Know About Private Mortgage Insurance (PMI) – Maggie Rose, Realtor, Presents South West Florida Luxury Homes . Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home.
– Maggie Rose, Realtor, Presents South west florida luxury homes include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
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PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.
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