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

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

    2. Request PMI cancellation when mortgage balance reaches 80 percent. Another way the PMI Cancellation Act benefits you is by granting you the right to remove PMI once you have reached 20 percent ...

  3. Private mortgage insurance (PMI): What it is and how it works

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

    Because your down payment isn’t 20 percent, you’ll pay mortgage insurance premiums, but only until you pay down your loan balance to 80 percent, or $328,000.

  4. What is mortgage insurance? - AOL

    www.aol.com/finance/mortgage-insurance-174421492...

    Mortgage insurance is a fee you pay to your lender to cover risks associated with funding your loan. ... What happens if I stop paying mortgage insurance? You can’t simply stop paying for the ...

  5. How to Avoid PMI - AOL

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

    The simplest way to avoid PMI is to make a down payment of at least 20% of the purchase price. With home sale prices averaging well over $400,000 nationally, however, this means a down payment of ...

  6. 3 percent down mortgages: A guide to your options - AOL

    www.aol.com/finance/3-percent-down-mortgages...

    Once you have 20 percent equity in your home, you can stop paying PMI. Again, this rule applies to any conventional loan program. ... Private mortgage insurance: Must pay PMI premiums.

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

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

    If you got your FHA loan after the year 2000, you might be able to cancel FHA mortgage insurance in certain cases. If you got your loan before 2000, you’ll continue to pay the premiums in most ...

  8. Mortgage protection insurance: When you might need it - AOL

    www.aol.com/finance/mortgage-protection...

    Private mortgage insurance (PMI): This type of coverage is usually required if your down payment is under 20 percent. It pays out to your lender if you were to become unable to pay your mortgage ...

  9. The main types are: Drug-drug interaction. This is when a medication reacts with one or more other drugs. For example, taking a cough medicine ( antitussive) and a drug to help you sleep (sedative ...

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