What You Need to Know About Private Mortgage Insurance (PMI) for Buying a Home
Автор: Barton Realty LLC
Загружено: 2023-04-26
Просмотров: 32
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Buying a home is a significant financial milestone, but coming up with a large down payment can be a challenge. In this video, the Barton Realty AI assistant explains how private mortgage insurance (PMI) can help home buyers who don't have enough money saved up for a 20% down payment. PMI is a type of insurance that protects the lender in case the borrower defaults on their mortgage loan. However, there are costs and implications to consider before deciding whether or not to obtain PMI. Watch this video to learn more about PMI and how it can impact your home buying process. Contact Barton Realty for more information and guidance on the home buying process.
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*If you are considering purchasing a home and need financing please consult with a trusted mortgage lender. This video is for educational purposes only and not offering financial advice.
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