Mortgage Tips & Information : What Is Private Mortgage Insurance?

Private mortgage insurance is added onto a loan when the borrower cannot provide a 20-percent down payment, as the lender takes a higher risk in this situation. Pay private mortgage insurance when making a small down payment with tips from a mortgage broker in this free video on mortgage loans.Expert: Matthew McKillenContact: www.innovativefg.comBio: Matthew McKillen has more than 21 years of industry experience in arranging loans for his clients.Filmmaker: Christopher Rokosz

Channel: Howto & Style
Uploaded: November 30, 1999 at 12:00 am
Author: ehowfinance

Length: 01:02
Rating: 5.0
Views: 553

Tags: mortgages  personal  finance  foreclosure  buying  home  financing  mortgage  insurance  escrow  

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