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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. 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 ...

4. 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.

5. Dave Ramsey Shares Three Rules For Buying A House - AOL

   www.aol.com/dave-ramsey-shares-three-rules...

   You can co-invest in them with Jeff Bezos and other notable investors for only $100. Ramsey also suggested making at least a 20% down payment on a conventional Fannie Mae loan to avoid paying ...

6. Mortgage insurance - Wikipedia

   en.wikipedia.org/wiki/Mortgage_insurance

   Most people pay PMI in 12 monthly installments as part of the mortgage payment. In the United States, PMI payments by the borrower were tax-deductible until 2018. Borrower paid private mortgage insurance. Borrower paid private mortgage insurance, or BPMI, is the most common type of PMI in today's mortgage lending marketplace.

7. Mortgage life insurance - Wikipedia

   en.wikipedia.org/wiki/Mortgage_life_insurance

   Mortgage life insurance. Mortgage life insurance is a form of insurance specifically designed to protect a repayment mortgage. If the policyholder were to die while the mortgage life insurance was in force, the policy would pay out a capital sum that will be just sufficient to repay the outstanding mortgage . Mortgage life insurance is supposed ...

8. 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 ...

9. 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.