Where to Buy Private Mortgage Insurance (PMI): A Homebuyer’s Guide
The lender arranges the policy because PMI is designed to protect , not you, in case you default on your loan. 2. How You Pay for It where to buy pmi insurance
If you aren't using a conventional loan, you will pay a Mortgage Insurance Premium (MIP) to the Federal Housing Administration instead of PMI. The Bottom Line Where to Buy Private Mortgage Insurance (PMI): A