What the Heck Is PMI? » Mortgage Masters Group

Recasting your mortgage. Borrower-paid mortgage insurance (BPMI) single premium options may be a good choice for a borrower who wants to keep the monthly payment low. The BPMI single option allows homebuyers or other parties (e.g., sellers or builder assists) to pay the full premium up front at closing or to finance it into the loan.

I recently passed the PMI Agile certified practitioner (pmi-acp) exam and wanted to share some tips to help others with this exam. As with other PMI certifications, you’ll need in-depth knowledge of the subject matter to pass this exam. You should not underestimate the difficulty of the PMI-ACP exam. If you’ve passed your Certified Scrum Master (CSM) exam, be aware that the PMI-ACP is a.

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The law generally provides two ways to remove PMI from your home loan: (1) requesting PMI cancellation or (2) automatic or final PMI termination. Request PMI cancellation You have the right to request that your servicer cancel PMI when you have reached the date when the principal balance of your mortgage is scheduled to fall to 80 percent of.

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Best lenders in Austin, Dallas and Houston for trusted mortgage lending services. We used the Leaman-Prime Lending group to refinance our house. we saved the monthly PMI charge plus our mortgage payments are much lower now!. When you don't know what the heck you're doing hindsight is definitely 20/20.

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