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19979

19979 - Real Estate Mortgages & Home Mortgage Company Directory

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Find the largest selection of Home Mortgage Company in 19979. This includes Brokers and Lenders, Equity Loans, Home Mortgage Company, Loan Companies, Real Estate Mortgages, Mortgage Consultant, Housing Loans, Home Loans in 19979.




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What is PMI and why is it required? Private mortgage insurance (PMI) is insurance written by a private company that protects the lender from losses in the event the borrower defaults on the mortgage. Borrowers are required to pay the premium for private mortgage insurance. Private mortgage insurance limits a lender's exposure to financial loss resulting from loan default. If you make a down payment of less than 20%, even if you have a good credit profile, lenders generally require private mortgage insurance.
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