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

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

   The Homeowners Protection Act of 1998 requires that lenders remove private mortgage insurance when a borrower reaches a 78 percent loan-to-value (LTV) ratio. For example, if the purchase price of ...

3. How to remove mortgage insurance on an FHA loan - AOL

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

   The ability to remove FHA mortgage insurance depends on your loan origination date and size of your down payment. If you got your FHA loan after the year 2000, you might be able to cancel FHA ...

4. Paying PMI? Here’s How to Remove the Monthly Mortgage ... - AOL

   www.aol.com/finance/paying-pmi-remove-monthly...

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5. Lenders mortgage insurance - Wikipedia

   en.wikipedia.org/wiki/Lenders_mortgage_insurance

   Mortgage insurance became tax-deductible in 2007 in the US. [3] For some homeowners, the new law made it cheaper to get mortgage insurance than to get a 'piggyback' loan. The MI tax deductibility provision passed in 2006 provides for an itemized deduction for the cost of private mortgage insurance for homeowners earning up to $109,000 annually. [3]

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. Is private mortgage insurance (PMI) tax-deductible? - AOL

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

   You might not remember it, but in 2019, Congress reintroduced a federal tax deduction for private mortgage insurance (PMI), that extra monthly fee lenders charge if you make a down payment under ...

8. Closing costs - Wikipedia

   en.wikipedia.org/wiki/Closing_costs

   Private mortgage insurance (PMI), paid by the buyer but may be reimbursed by the seller. Lenders will typically require that a mortgaged property be insured if the down payment is less than 20 percent, and will usually require that the first full year's mortgage insurance premium (MIP) be paid in advance by the buyer. If the buyer has not ...

9. Your mortgage statement explained - AOL

   www.aol.com/finance/mortgage-statement-explained...

   Payment due date: Most mortgage payments are due on the first of the month. If you’re set up with auto-payments, this due date serves as a reminder of when those funds come out of your bank account.