Exam term
Private mortgage insurance
Mortgage insurance on a conventional loan, abbreviated PMI, commonly used with less than 20% down. Covered borrower-paid PMI can be cancelled at 80% of original value and generally ends at 78%.
Exam term
Mortgage insurance on a conventional loan, abbreviated PMI, commonly used with less than 20% down. Covered borrower-paid PMI can be cancelled at 80% of original value and generally ends at 78%.