Tag Archive for: lender paid mortgage insurance

Sellers Can Pay For Lump Sum PMI; PMI Explained For Your Buyers

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On Friday, I blogged about using Lump Sum or Single Payment PMI to Make Transactions With Low Appraisals Work. And I got a ton of feedback, so I am following […]Read More

Lender Paid M.I. Revisited – Why We Don’t Recommend It

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LPMI trades PMI payments for a higher interest rate, but that tradeoff often backfires. We explain what LPMI is and why it typically costs more over time.Read More

95% LTV With No PMI? LPMI Not A Good Deal.

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LPMI offers no monthly PMI but locks in a higher rate for life. Regular PMI gives borrowers the chance to drop the insurance later and save long term.Read More

Lender-Paid-Mortgage-Insurance – Overrated?

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Lender-Paid Mortgage Insurance (LPMI) lets borrowers avoid monthly PMI by taking a higher interest rate. While this may seem beneficial, the downside is that borrowers are permanently locked into the higher rate. In contrast, monthly PMI allows for a lower rate and can be removed once the loan-to-value (LTV) drops below 80%, often making it the better long-term choice.Read More