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Private Mortgage Insurance (PMI)Private Mortgage Insurance is required of borrowers who do not have a 20% down payment on the new home they plan on purchasing. The insurance is designed to protect lenders from the risk of default and foreclosure. There are other measures to avoid PMI such as pi...
06/21/2022
Hi ActiveRain!I'm Cordi, a comprehensive financial planner and owner of Favored Financial Planning.I'm looking forward to diversifying (a little investment humor there) the topics in the ActiveRain community!As a financial planner, I view home ownership and/or real estate as an essential componen...
06/17/2022