Community | February 14, 2011 | 0 comments

What is Private Mortgage Insurance?

source: http://blog.doorfly.com/articles/2011/what-is-private-mortgage-insurance/

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Abbreviated PMI, private mortgage insurance is an added policy that protects lenders. This is required in a majority of cases where the borrower is unable to come up with a full 20% down payment on a property.

Link : http://blog.doorfly.com/articles/2011/what-is-private-mortgage-insurance/
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    Community
  2. tags:
    Insurance,  Mortgage,  private
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