Casey Smith
Articles by this Author
Mortgage QandA What is Private Mortgage Insurance or PMI
- By Casey Smith
- Published 12/26/2005
- Mortgage Refinance
- Unrated
If you are a first-time home buyer, with not a lot of money in the bank, you will probably hear the term "pmi" or "private mortgage insurance" sometime in the mortgage process. What is "pmi"? How will it affect you?