how much is pmi insurance

Contents

  1. – Mortgage insurance, or private mortgage insurance (PMI) (also referred to as mortgage guaranty insurance), is required for certain types of loans and is a way of offsetting the risks of the lender. PMI protects the lenders against loss should a borrower default on their loan.

    How to Get Rid of Private Mortgage Insurance.. previous version of this article incorrectly stated the loan-to-value ratios and years of ownership required to cancel private mortgage insurance.

    fha 203k streamline loan calculator FHA Home Loan | Tools and Calculators – FHA home loan group provides tools and calculators as a service to users, for educational purposes only. As a condition of use of this website, you agree to indemnify FHA Home Loan Group and its suppliers, Lenders, Providers or real estate professionals from and against any and all liabilities.