PMI stands for private mortgage insurance. If you can’t put down at least 20 percent when you’re buying a home, your lender will make you buy it.
Source: What the Heck Is PMI?
PMI stands for private mortgage insurance. If you can’t put down at least 20 percent when you’re buying a home, your lender will make you buy it.
Source: What the Heck Is PMI?
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