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Mortgage Insruance

Mortgage insurance (also referred to as PMI insurance) is an additional premium a lender will sometimes require if you put down less than 20% on the loan. An easy way around this PMI premium is to take out a second loan for the 20% and leverage that for the additional 80%, thereby not needing the PMI.

For a list of mortgage and mortgage insurance providers, please view the following link.


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