PMI

PMI, or private mortgage insurance, reimburses lenders for the balance above 80 percent of the mortgage, if a home becomes a foreclosure. If you didn't put down 20 percent in cash on your home, you're probably paying private mortgage insurance. Learn more here about PMI -- who needs it, what it does and how to use it.

Featured PMI Article

Avoid PMI By Getting A Piggy Back Loan

Added January 19, 2009 by Ilyce R. Glink

Sometimes new home buyers do not have 20 percent of the purchase price for the down payment. First time home buyers often have to pay for private mortgage insurance (PMI). A piggy back loan can help first time home buyers or anyone who is short of cash for a down payment.

Read More: Avoid PMI By Getting A Piggy Back Loan

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How Long Does It Take To Recover From Identity Theft?

May 19, 2009

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The average identity theft case takes 26 hours to resolve, but you may be dealing with the effects of identity theft for several years. If someone has used your social security number or other personal information to create a synthetic or false identity, chances are they have used your personal…

Watch Video: How Long Does It Take To Recover From Identity Theft?

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