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re: Buying a house
Posted on 10/22/12 at 7:29 am to LSU1018
Posted on 10/22/12 at 7:29 am to LSU1018
PMI usually isn't all that bad and goes away after a couple of years depending on terms of mortgage. Personally, I wouldn't let that stop you as long as you're not over your head otherwise.
20% can be a lot of cash especially for young home buyers. Another option to avoid PMI is financing some of the down pmt... Eg. 80/10/10.
20% can be a lot of cash especially for young home buyers. Another option to avoid PMI is financing some of the down pmt... Eg. 80/10/10.
1
Posted on 10/22/12 at 8:44 am to TejasHorn
quote:
Another option to avoid PMI is financing some of the down pmt... Eg. 80/10/10.
I thought they quit doing those?
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