PMI

Oregon home buyers and mortgage shoppers tend to have a lot of questions about private mortgage insurance, or PMI. And rightfully so. PMI can affect the size of your monthly payments, as well as your overall borrowing costs. '

A down payment is an important part of your mortgage and goes towards the purchase price of your home. The question is, how do you decide how much to put down? This article will help answer that question.'

There are all sorts of different types of insurance policies out there, but when it comes to mortgages, there’s a unique type of policy that you may have to pay as a homebuyer: private mortgage insurance (PMI). In this article, we’ll explain what PMI is and why you may need it.'