What You Need to Know About Private Mortgage Insurance (PMI)

By JL LLavina / June 10, 2016

Prior to the recession, many homeowners were able to take advantage of generous lending options that often included financing as much as 100 percent of a home’s value. While this is great for a potential homebuyer who doesn’t have the money for a large down payment, it was risky for lenders. When the recession hit…

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