Private mortgage insurance (pmi) is used when a borrower has less than 20% down or home equity in their property. PMI insures the lender in the event of a borrower defaulting on a mortgage–it does not provide insurance to the home owner.
Washington State Mortgages, Made Clear. Buying or Refinancing? Let's find the right loan together.
Private mortgage insurance (pmi) is used when a borrower has less than 20% down or home equity in their property. PMI insures the lender in the event of a borrower defaulting on a mortgage–it does not provide insurance to the home owner.
Copyright © 2026 · Education Child Theme on Genesis Framework · WordPress · Log in