What is Private Mortgage Insurance (PMI)? | Home Buyer Tips

Melanie Cameron May Buyer Tips

Realtor Melanie Cameron explains what PMI or Private Mortgage Insurance is, how much it costs, and what determines if a home buyer is required to pay it. If you are purchasing a home with financial assistance from a lender (mortgage), this is an important video to watch. You may have to pay more than you’ve budgeted. Get more great tips in our 60-page Buyer Guide.

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About the Author
Melanie Cameron
Listing Specialist and Team Leader of The Cameron Team. Have questions about the Wilmington real estate market or selling your home? Give Melanie a call at (910) 233-2840.