Beyond the Down Payment: Understanding PMI
Buying a home is a significant step in anyone’s life, but it often comes with its fair share of complexities. One aspect that can catch many homebuyers off guard is Private Mortgage Insurance (PMI). While PMI can be a valuable tool to help make homeownership more accessible, it’s essential to understand its implications fully. In our video blog, we will unravel the mysteries of PMI, shedding light on what it is, how it works, and most importantly, how to avoid any unwelcome surprises that may arise from it. Let’s dive in and take control of your mortgage journey!