• Lifestyle

    When Does PMI Go Away: A Comprehensive Guide

    When Does PMI Typically End? Private Mortgage Insurance (PMI) is a type of insurance that lenders require borrowers to have when they put down less than 20% of the home’s purchase price. PMI protects the lender in case the borrower defaults on the loan. The good news is that PMI doesn’t last forever. In most cases, it automatically ends once…

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