Question

Do i need pmi insurance?

Interesting Question?   (3)   (6)



Answers (1)

15th Dec 2009 by David Becker

PMI insurance, or private mortgage insurance is insurance that a borrower will usually need if they are not able to afford a down payment for the purchase of their prospective home of 20%. Most mortgage lenders require insurance to cover the difference between the down payment of less than 20% and what can be afforded.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



26th Nov 2009 In Insurance 1 Answers | 96 Views
Subjects: pmi insurance,

Answer This Question / Give Your Opinion
Do i need pmi insurance?


Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *