🏡 What Is PMI (Private Mortgage Insurance)?
**🏡 What Is PMI (Private Mortgage Insurance)?** If you’re planning to buy a home with a **down payment of less than 20%**, you’ve probably heard about **Private Mortgage Insurance (PMI).** But what is it, and why do lenders require it? Let’s break it down. **💡 What Is PMI?** PMI is a type of in...