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Everything you wanted to know about PMI (private mortgage insurance)

     
Everything you wanted to know about PMI (private mortgage insurance)

Back in October, we wrote two blog articles about mortgage terms that you should get to know if you’re in the market for a house. Check them out here and here. In one of those posts, we touched on private mortgage insurance, or PMI, but thought it merited a deeper dive. So here it goes:

The old rule of thumb was that borrowers had to come up with a 20% down payment to buy a house.

Continue reading Everything you wanted to know about PMI (private mortgage insurance) at Movement Mortgage Blog.

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Movement has grown from a small team of 4 to over 4,000 employees with more than 500 locations across 46 states. Inc. Magazine recognized Movement Mortgage as the fastest-growing mortgage bank in the country.

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