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What is PMI

PMI = Private Mortgage Insurance

PMI is a hidden insurance that lenders require low-down-payment borrowers to take out.

The Insurance protects the lender, not the borrower against default.

Premiums are typically $65.00 to $100.00 a month.

The average term of most PMI policies is 17 years (14 years longer than needed).

Private Mortgage Insurance has nothing to do with life or disability coverage.

In Fact - a Policy is never issued to you! To qualify to drop PMI, you must have at least 20% equity.

Click on Qualify Analysis to see if you QUALIFY!

Simple ~ Easy ~ Quick ~ Instructions

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