mortgage insurance
PMI - Private Mortgage Insurance
Should you have private mortgage insurance?
Mortgage insurance is something that most new homeowners need to learn about because it is often a requirement of getting the mortgage in the first place. Private mortgage insurance can help out enormously, especially after you have already paid your closing costs and your down payment. What makes private mortgage insurance so appealing to most people is that it saves you from having to save up for years in order to come up with a down payment. When you have private mortgage insurance you are essentially protecting the lender from any bad deeds on your part. If you default on your payments then they don't have to worry about it so much because the insurance is in place to protect them.
The payments for private mortgage insurance are simple. Just how much you have to pay for premiums wi... http://motor-insurance.ucoz.com/news/mortgage_insurance/2013-07-03-4388
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