Refinance Topics
The On-Topic Netowork

Refinance > Private Mortgage Insurance (PMI)

The following information is about Private Mortgage Insurance (PMI).

Private Mortgage Insurance (PMI) Defined

In the event that you do not have a 20 percent down payments, lenders will allow a smaller down payment-as low as 5 percent in some cases. With the smaller down payments loans, however, borrowers are usually required to carry private mortgage insurance. Private mortgage insurance will require an initial premium payment of 1.0 percent to 5.0 percent of your mortgage amount and may require an additional monthly fee depending on your loan's structure. On a $75,000 house with a 10 percent down payments, this would mean either an initial premium payment of $2,025 to $3,375, or an initial premium of $675 to $1,130 combined with a monthly payment of $25 to $30.

This definition is in context to Refinance. See more contextual defintions for Private Mortgage Insurance (PMI).


Are you looking for additional Refinance > Private Mortgage Insurance (pmi) news? Try our new "Private Mortgage Insurance (pmi) News Focus" area.

Off-site Private Mortgage Insurance (PMI) Links, User Submitted

The following links have been collected through user bookmark submission in the Private Mortgage Insurance (PMI) category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

Wed Nov 12

  • Private Mortgage Insurance: PMI is used when brokers have been advocating using a first trust deed and a second trust deed, combination to eliminate private mortgage insurance.

Sun Sep 28

Tue Jan 1

Thu Jul 19

Mon Jul 16

If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Private Mortgage Insurance (PMI). If you would like to find related tags we recommend Tag Patterns > Private Mortgage Insurance (PMI)

Off-site Private Mortgage Insurance (pmi) Research Links

If you still need additional information on Private Mortgage Insurance (pmi) then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

Refinance

If you know the Refinance Term Name use the links below to quickly jump to your desired focus.



Bookmark Us

The On Topic Network

This website is part of The On Topic Network.

Thank You

Refinance.On-Topic.net was developed by Odin Metatech, Inc and runs on the Odin Assemble platform.

Best Viewed With

License

Creative Commons License This work is licensed under Creative Commons.




Powered by Odin Assemble 2.5a