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logo
  • Home
  • Apply Now
  • Resources
  • Loan Programs
  • Loan Process
  • Mortgage Basics
  • Mortgage Calculators
  • Online Forms
  • FAQ
  • About
  • Contact
  • Blog
  • Testimonials
  • Featured Products
  • 1% Down Conventional Loan
  • VA Elite
  • 8594429700

How Does Private Mortgage Insurance (PMI) Work?

PMI companies write insurance policies to protect approximately the top 20% of the mortgage against default. This depends on the lender's and investor's requirements, the loan-to-value ratio, and the type of loan program involved. Should a default occur the lender will sell the property to liquidate the debt, and is reimbursed by the PMI company for any remaining amount up to the policy value.

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About Us

We've been helping customers afford the home of their dreams for many years and we love what we do.

Company NMLS: 1264
www.nmlsconsumeraccess.org

Contact Us

880 Alexandria Pike, Ste 203
Fort Thomas, Kentucky 41075
Phone: 8594429700
dagf147@gmail.com

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