Providing personalized investment services to those intent on enjoying a secure retirement.

Tag: PMI

Mortgage Basics

Mortgage 101. Taking you from application through the closing.

Continue Reading »

What is private mortgage insurance?

By on January 24, 2012 in Home Ownership, Newsletter Articles with 0 Comments
What is private mortgage insurance?

Private mortgage insurance (PMI) protects the lender against the risk of the borrower defaulting on the mortgage. Lenders generally require you to purchase PMI if your loan is more than 80% of the value of your home. Without PMI, you may be unable to qualify for a mortgage.

Continue Reading »

Top