Home Loans 101: What is Private Mortgage Insurance (PMI)?

Home Loans 101: What is Private Mortgage Insurance (PMI)?

What is PMI in home financing?

Private mortgage insurance, or PMI, is insurance that buyers may be required to obtain. PMI is usually required on a conventional loan if the down payment is less than 20% of the home's purchase price.

Begin your home loan process today!

Local Loan
Consultations

Timely and Accurate
Communication

Industry-Leading
Product-Selection

Pre-qualify for a loan in a few simple steps

Get Started

Fill out your Secure Application

Apply Now

See what our clients are saying:

Testimonials