Rilian Ball

First Capital Group

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What Is Mortgage Insurance?

June 23, 2020 by Rilian Ball

When it comes to putting a down payment on a house, most lenders are going to ask for 20 percent; however, some lenders will be willing to accept a smaller down payment in exchange for something else. That something else is usually mortgage insurance. If a lender says they are asking for mortgage insurance, which is also shortened to PMI, it is important for everyone to know what this means. An Overview Of PMI PMI stands for private mortgage insurance and is usually required if the borrower is … [Read more...]

Filed Under: Mortgage Tagged With: Insurances, Mortgage Insurance, PMI

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Rilian Ball


Branch Manager
First Capital Group
NMLS# 202687

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Rilian Ball
NMLS # 202687

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www.nmlsconsumeraccess.org

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