PMI costs vary from insurer to insurer, and from plan to plan. Example: A highly leveraged adjustable-rate mortgage requires the borrower to pay a higher premium to get coverage. Buyers with a 5% down payment can expect to pay a premium of approximately 0.78% times the annual loan amount, $92.67 monthly for a $150,000 purchase price. But, the PMI premium would drop to 0.52% times the annual amount, $58.50 monthly if a 10% down payment was made.
Your ONE STOP Unlimited Mortgage Resource! We have a loan for every buyer, property, credit and/or employment need. Over 30 years of Professional Mortgage Excellence YOU CAN DEPEND ON!
Company NMLS: 1991038
www.nmlsconsumeraccess.org
4240 Airport Road suite 210-3
Cincinnati, OH 45226
Phone: 513-607-4107
lisaclends@gmail.com
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