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What is Private Mortgage Insurance (PMI)?

What is Private Mortgage Insurance (PMI)?

CategoriesVideo-LO

Rebecca Squyres

September 27, 2018

Derek Dupuy, Sr. Loan Officer at GMFS Mortgage Sherwood, NMLS #99209, explains what is private mortgage insurance (PMI) and the different ways borrowers can pay or finance.

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Equal Housing Lender. ©2017 GMFS LLC. Loan programs not available in all states, or to all consumers. All loans are subject to availability at the time of application and for terms that meet each individual consumer’s needs and qualification information. Loan applications are subject to credit and property approval. GMFS LLC encourages all consumers to consult with a tax advisor concerning the tax implications for the type of mortgage sought. All mortgages are originated by GMFS LLC, NMLS ID #64997, at 7389 Florida Blvd. Suite 200A Baton Rouge, LA 70806. The retail division of GMFS LLC is Doing Business As “GMFS Mortgage”.

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