What is PMI?
Posted by NewBuyer on November 29, 2009 | No Comments
A high-quality look at the definition of private mortgage insurance and its pros and cons. See that PMI is not inevitable and how to make your PMI premiums tax-deductible. Learn about the drawback of having PMI premiums included in your loan’s interest rate, a loophole available for homeowners who obtained their loans on or after July 29, 1999 and the Homeowner’s Protection Act of 1998.
Source: Realtor.com
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Tags: PMI
Filed Under: Home Buying
