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What You Need to Know About Private Mortgage Insurance (PMI) – Welcome to SouthFloridaHomeSolutions.com

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Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can never have too much information about Private Mortgage Insurance (PMI).What is [.]

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Because if you don’t, it usually means you’ll have to shell out money for either private mortgage insurance or government insurance. here’s what you need to know. Figure out financing before.

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Servicers will no longer have to seek approval of private mortgage insurance (PMI) companies when borrowers with mortgages owned or guaranteed by either GSE and carrying PMI seek a short sale or.