While PMI is an additional cost for borrowers, it does offer potential benefits. If you are not able to make a 20% down payment on a home, you still have the option of securing a mortgage with PMI ...

Most people who pay for PMI don't even realize that they don't have to choose a monthly premium. There are single-premium options, which charge an up-front amount and no monthly payments ...

or sometimes previous / next navigation options. Yes, you'll need mortgage insurance if you make a down payment under 20% in most cases. How can I get rid of PMI? It indicates an expandable ...

Here are your options. No one wants to pay for additional insurance that doesn't directly benefit them. Fortunately, private mortgage insurance (PMI) doesn't stay on your loan forever. Once you've ...

Even if you can’t afford a 20% down payment, there are several ways to avoid PMI. One option is lender-paid PMI, in which your lender pays your premiums as a lump sum and in exchange you pay a ...

Lender-paid mortgage insurance (LPMI) is an option for borrowers who cannot afford a 20 percent down payment on a home. In this arrangement, the lender covers the cost of the mortgage insurance ...

Qualified borrowers can buy or refi with as little as $0 down, and have no PMI payments with great rates and financing up to $424,000. Use your VA Loan Benefit today.