A Quick Guide to PMI

Photo by Gino Crescoli via Pixabay Private Mortgage Insurance (PMI) may be a common term in home buying, but not every home buyer understands exactly what it will mean for their finances. This short guide will give you the basics, so there are fewer surprises down the line.  What Is PMI? PMI is a type of insurance that lenders purchase in case the homeowner defaults on their loan. While the...

Compare listings

Skip to content