Where's the money paid for insurance? - Reno Gazette
Story date: 2009-03-23 03:33:00
Added on: 2009-03-23 04:13:36
When someone purchases a home with less than 20 percent down payment, they are required to pay private mortgage insurance (PMI), which is a part of their monthly payment. This insurance is meant to protect the lender in case of a default by the ...
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