PMI (Private Mortgage Insurance) is a monthly fee most buyers pay when putting down less than 20% on a conventional loan.
𝗜𝘁 𝗽𝗿𝗼𝘁𝗲𝗰𝘁𝘀 𝘁𝗵𝗲 𝗹𝗲𝗻𝗱𝗲𝗿 — 𝗻𝗼𝘁 𝘆𝗼𝘂 — 𝗶𝗳 𝘆𝗼𝘂 𝗱𝗲𝗳𝗮𝘂𝗹𝘁. 𝗧𝗵𝗲 𝗴𝗼𝗼𝗱 𝗻𝗲𝘄𝘀? 𝗬𝗼𝘂 𝗰𝗮𝗻 𝗼𝗳𝘁𝗲𝗻 𝗿𝗲𝗺𝗼𝘃𝗲 𝗣𝗠𝗜 𝗼𝗻𝗰𝗲 𝘆𝗼𝘂 𝗯𝘂𝗶𝗹𝗱 𝗲𝗻𝗼𝘂𝗴𝗵 𝗲𝗾𝘂𝗶𝘁𝘆.
Wondering if PMI applies to your situation? Click 𝗖𝗔𝗟𝗟 𝗡𝗢𝗪 to get answers and learn how you might reduce or avoid it! 💡