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Mortgage insurance

  • Listed: August 13, 2022 1:52 pm
  • Expires: This ad has expired

Description

Mortgage insurance

Mortgage insurance protects the lender if you fall behind on your payments. Mortgage insurance is typically required if your down payment is less than 20 percent of the property value. Mortgage insurance also is typically required on FHA and USDA loans. However, if you have a conventional loan and your down payment is less than 20 percent, you will most likely have private mortgage insurance (PMI).

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Listing ID: 64962f7acaf76587

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