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What is PMI?

PMI stands for private mortgage insurance. This is an insurance policy paid by the borrower that protects the lender in case the borrower defaults. PMI is typically required when there is a down payment of less than 20% of the purchase price of the home and stop when the equity increases to a certain level.


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Water lilies with white blooms
Water lilies with white blooms

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jone martin
jone martin
30 апр.

PMI is a type of mortgage insurance, we can get complete information about it and apply for an insurance mortgage from you.


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