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Private Mortgage Insurance

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FHA Mortgage Refinancing

August 19, 2010

FHA mortgage refinancing can save you thousands of dollars if you avoid this mistake made by 95% of your neighbors.

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Mortgage Insurance Definition

September 4, 2008

Mortgage Insurance, also known as Private Mortgage Insurance (PMI) can add hundreds of dollars to your monthly payment amount with no benefit to you, the homeowner. Here are the basics you need to know about mortgage inurance whether you are purchasing your home or refinancing an existing loan. Mortgage Insurance is a policy you pay [...]

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Private Mortgage Insurance

June 6, 2007

Private Mortgage Insurance (PMI) is an insurance policy that protects mortgage lenders from certain losses in the event of foreclosure on your loan. If you are refinancing your mortgage with less than 20% equity your lender may require that you purchase private mortgage insurance. PMI does absolutely nothing for the homeowner, it only protects the [...]

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