Realtor Melanie Cameron explains what PMI or Private Mortgage Insurance is, why you need it, how long you’ll pay it, and how much it will cost you as a home buyer. She also explains how you can go about getting the PMI removed early, depending on the terms of your loan. This could save you significant money.
PMI is one of many terms you need to understand when you decide to purchase a home. Have more questions about the buying process? Check out the other videos on our Frequently Asked Questions playlist or give Melanie a call at the numbers below.
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