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2. How to Avoid PMI - AOL

   www.aol.com/finance/avoid-pmi-163543476.html

   The precise cost of PMI varies from lender to lender, and also depends on the loan type and amount and the borrower's credit as well as the loan-to-value (LTV) ratio. However, it can be as much as ...

3. Mortgage insurance vs homeowners insurance: what’s the ...

   www.aol.com/finance/mortgage-insurance-vs...

   Ask the lender to pay: Some lenders will cover the cost of your mortgage loan, referred to as lender-paid mortgage insurance (LPMI). However, there is a tradeoff because you could have a higher ...

4. Lenders mortgage insurance - Wikipedia

   en.wikipedia.org/wiki/Lenders_mortgage_insurance

   Lenders mortgage insurance (LMI), also known as private mortgage insurance (PMI) in the US, is a type of insurance payable to a lender or to a trustee for a pool of securities that may be required when taking out a mortgage loan. Its purpose is to offset losses in the case where a mortgagor is not able to repay the loan and the lender is not ...

5. How to get rid of private mortgage insurance (PMI) - AOL

   www.aol.com/finance/rid-private-mortgage...

   Federal law requires a lender to cancel private mortgage insurance (PMI) on conventional loans when a mortgage term is at its halfway point, or when the mortgage balance drops to 78 percent of the ...

6. Mortgage insurance - Wikipedia

   en.wikipedia.org/wiki/Mortgage_insurance

   Borrower paid private mortgage insurance, or BPMI, is the most common type of PMI in today's mortgage lending marketplace. BPMI allows borrowers to obtain a mortgage without having to provide 20% down payment, by covering the lender for the added risk of a high loan-to-value (LTV) mortgage.

7. Home Affordable Refinance Program - Wikipedia

   en.wikipedia.org/wiki/Home_Affordable_Refinance...

   HARP requires the new loan to provide the same level of mortgage insurance coverage as the original loan. This can be difficult and time-consuming, especially in the case of lender-paid private mortgage insurance (LPMI). As a result, many lenders are reluctant to refinance a PMI mortgage.