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Home / Mortgage Advice / What Is Mortgage Insurance and How Does It Work? 2019

What Is Mortgage Insurance and How Does It Work? 2019



If you are wanting to learn what mortgage insurance is and how does it work, watch this short video, where I talk about PMI, MI and funding fees.
Contact me at http://www.tampa2enjoy.com/contact-us/

There’s a lot of confusion on what mortgage insurance is, how does mortgage insurance work and what’s the difference between mortgage insurance (MI) and private mortgage insurance (PMI).

Here are 3 important takeaways:
1. Conventional Loans have Private Mortgage Insurance (PMI)
2. FHA Loans have Mortgage Insurance (MI)
3. VA Loans have a Funding Fee

Learn more about mortgage insurance at https://en.wikipedia.org/wiki/Mortgage_insurance

Please contact me if you have any questions.

Sincerely,

Lance Mohr
Mohr Home Group at Keller Williams
813-317-4009
http://www.tampa2enjoy.com
https://www.youtube.com/tampa2enjoy

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