How to Avoid PMI First-Time Home Buyer

How to Avoid PMI First-Time Home Buyer

How to avoid PMI first-time home buyer: You can avoid paying for personal mortgage insurance, or PMI, by making at least a 20% down payment on a traditional home loan. PMI is insurance coverage that protects the lender if the lender defaults on the home loan. Usually, a lender will have to pay you PMI … Read more