Real
Estate Matters with Tim Bro
Private
Mortgage Insurance – Do You Really Need
It?
The
answer is yes if you can’t or don’t want to put 20 percent down. PMI protects a
lender from borrower defaults. It enables you to buy a home sooner and perhaps
buy more home. PMI also allows you to choose from a wider variety of loan
types, including ARMS, and 15-year Fixed Rate, all with a lower down payment.
Have
a question, call your favorite realtor, Tim
Bro @ 858-354-2354, “The Right Choice in Real Estate”. BRE #01224576
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