Showing posts with label pmi. Show all posts
Showing posts with label pmi. Show all posts

Friday, November 21, 2008

PMI mortgage insurance

What is PMI and why do you have to have it? PMI is Private Mortgage Insurance. It is insurance that a lender or bank makes you get when you borrow over 80% of the value of the home.

low-michigan-mortgage-rate.blogspot.com/2007/04/pmi-mortgage-insurance.html