What the Heck Is PMI? » Mortgage Masters Group

Blackstone Group LP acquired a “significant equity stake” in mortgage insurer PMI Group Inc. Blackstone, the New York-based private-equity firm, will provide a loan to PMI for working capital and.

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Private mortgage insurance, also called PMI, is a type of mortgage insurance you might be required to pay for if you have a conventional loan. Like other kinds of mortgage insurance, PMI protects the lender-not you-if you stop making payments on your loan.

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You can finance a home’s purchase a number of ways, including through first and subsequent mortgages. A first mortgage is always a senior mortgage. Any other mortgages you take out to either.

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A mortgage should fit your unique lifestyle. At Union Bank , our knowledgeable Mortgage Consultants can assist you in determining the loan that’s right for you. Whether you’re looking for your. Has your lender reduced your mortgage balance. Marisabel Garcia of Oak Park has supported two kids and a mortgage on one income following a divorce.

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