Скачать или смотреть What is PMI on a mortgage and how to reduce it

What is PMI on a mortgage or home loan? PMI is private mortgage insurance. PMI is only incurred if you do not have 20% as a down payment. The cost to borrow the difference between your down payment and the 20% will also heavily depend on your credit score. To get the best rates on both the PMI and the overall home loan / mortgage you will what a credit score to be 760+. I share a few free ways to improve your credit score without even paying any cash such as putting in a dispute for errors on your report and if they are not disputed within around 1 month the error gets removed.








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