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Private Mortgage Insurance, An In Depth Review!

By admin on January 28, 2010

PMI is just extra fees and has nothing to do with your principal or your interest. Taking on two mortgages is only about the money you borrow and there are no extra costs such as private mortgage insurance. PMI or Private Mortgage Insurance is normally required when you buy a house with less than 20% [...]

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Why Is Private Mortgage Insurance Important?

By admin on January 12, 2010

If you are considering buying a new home, then you may already know that there are many requirements that potential home buyers must meet. One such requirement is private mortgage insurance. Private mortgage insurance, or PMI as it is commonly called, is a form of insurance that is designed to provide protection for the lender [...]

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