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How do I avoid paying private mortgage insurance?
Posted : 28/04/2024 3:10 pm
Here are some ways to avoid paying private mortgage insurance
- Get the lender to pay for your mortgage insurance.
- Use a piggyback loan with 10% down and no PMI.
- Consider home loans without PMI.
- Look into state or local homebuyer assistance programs.
- Use gift funds from family.
- Purchase a less expensive home.
- Check your eligibility for a VA loan.
- Buy real estate that will appreciate sharply.
- Consider single-premium PMI.
- Look at split-premium PMI.
Posted : 30/04/2024 10:04 pm