Buying a Home Without Having 20% is Possible
Posted On: December 9, 2024 by Prevail Bank in: Home Loans
Private Mortgage Insurance Can Help
What is Private Mortgage Insurance?
Read More
(Updated Dec 2024) While putting 20% down on a home loan is the most cost-efficient option long-term, we understand that down payments can be difficult for many borrowers to make. To assist home buyers who are unable to put at least 20% down on a home loan, Prevail Bank offers what is called Private Mortgage Insurance, or PMI for short. PMI does come with monthly premiums that are often included in the monthly mortgage...
Featured Blogs
Local Mortgage Lenders vs Online Lenders
Categories: Community, Home Loans
