Category Archives: No PMI loans

Loans With No Private Mortgage Insurance Are Available

Pic credit to Vichie81     Are there  loans without private mortgage insurance or mortgage insurance where less than 20% equity, or less than a 20% down payment exists?  YES.  There is a loan option called lender paid mortgage insurance.  What happens is that the lender buys the private mortgage insurance instead of the borrower.  The cost for the […]