Private Mortgage Insurance - Canceling PMI Will Save You Thousands

Private Mortgage Insurance - Canceling PMI Will Save You Thousands. How to cancel your PMI (Private Mortgage Insurance)

Private Mortgage Insurance - Canceling PMI Will Save You Thousands video duration 6 Minute(s) 35 Second(s), published by David N. Waldrop, CFP® on 08 05 2019 - 17:33:04.

Canceling Private Mortgage Insurance or PMI can save you thousands
If you own a home and you put less than 20% down, it's likely you have Private Mortgage

How to tell if it is worth it to Refinance my Mortgage, a Lower Interest Rate & Remove Mortgage Insurance, PMI & Cash out? Get to know me: 1
What Is PMI? * PMI stands for Private Mortgage Insurance
- Private Mortgage Insurance has no benefit to the borrower - It does not insure the homeowner This weeks Question of the week video explains the different ways to get rid of the PMI on your home
#Palmcoast #realestate #pmi.

Canceling Private Mortgage Insurance or PMI can save you thousands. If you own a home and you put less than 20% down, it’s likely you have Private Mortgage Insurance, or PMI. This is insurance that you, the borrower, pays to protect your lender if you default on your mortgage. Stated another way, the loan-to-value ratio (LTV) is too high and there isn’t enough home equity.

Canceling PMI Can Save You Thousands (Article)

https://www.theastuteadvisor.com/canceling-pmi/

Consumer Financial Protection Bureau (CFPB)

https://www.consumerfinance.gov/ask-cfpb/when-can-i-remove-private-mortgage-insurance-pmi-from-my-loan-en-202/

⚠ Please don’t take this video as specific advice for your specific situation. Consult your own tax, legal and investment advisors. 👍

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