The Minimalist Guide to Understanding How PMI Actually Helps Homeowners

Posted January 14th, 2014 by ameristar
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The title seems misleading, right? Every mortgage lender goes to great lengths to explain to real estate agents and borrowers how mortgage insurance is necessary, how to calculate the amounts and when the mortgage insurance will likely fall off the mortgage. However, how does PMI benefit the actual home buyer? This article will hopefully condense the information down to a few bullet points to make it easy to see how this one attribute of the mortgage industry has been of so much value over the years.


Read the rest of The Minimalist Guide to Understanding How PMI Actually Helps Homeowners (463 words remain)

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