I Could Buy a Home With an FHA Loan -- Here's Why I'm Not I decided against going with an FHA loan, because it would cost me even more. I'm putting just 10% down on my home purchase, so I will have to pay for private mortgage insurance (PMI). This protects ... 05/1/2024 - 7:00 am | View Link
Lender-paid mortgage insurance (LPMI): What is it and how does it work? Lender-paid mortgage insurance (LPMI) is an option for borrowers who cannot afford a 20 percent down payment on a home. In this arrangement, the lender covers the cost of the mortgage insurance, which ... 04/26/2024 - 4:57 am | View Link
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