How To Get Rid Of Mortgage Insurance

Do you have mortgage insurance and want to get rid of it?

Mortgage insurance, also known as PMI, is a lender’s protection program in the event of a default on the loan.

PMI is required for anyone that cannot put down 20%, which means a lot of us have it! Even if you are looking at a loan program that doesn’t have PMI you are most likely paying a higher interest rate in order for the lender to cover a potential default.

Find out how to get rid of PMI no matter what kind of loan you have with this week’s tip!

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>