How to Get Rid of Private Mortgage Insurance
Most people with private mortgage insurance (PMI) want to know how to get rid of it. And for good reason: PMI tacks on a substantial extra fee to your mortgage payments. Lenders traditionally require PMI for borrowers who put down less than 20 percent on a house. Of course, it’s a godsend if you couldn’t afford a home otherwise. Here, Realtor.com tells you