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Less than 20% down on a mortgage about credit score?

en 4:32 PM



While you can get a loan with less than 20% less than can be more difficult depending on your credit score. You also need to pay PMI, which is insurance for the bank on which early arrears. The figure if you go by default is very likely to happen soon and when they have so much invested.  

About Share PMI

The amount you pay each month is based on the total of your loan. So the faster you can get over 20% of the loan paid better. Once you get to this point no longer be required to pay the share of PMI.

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February 12, 2020 at 2:27 PM  

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