Private Mortgage Insurance… What is it? Are you currently paying private mortgage insurance, or PMI, on top of your monthly payments?
Private mortgage insurance, also called PMI, is a type of mortgage insurance you might be required to pay for if you have a conventional loan. Like other kinds of mortgage insurance, PMI protects the lender—not you—if you stop making payments on your loan. The lender arranges for Private Mortgage Insurance through a private insurance company. PMI is usually required when you have a conventional loan and your mortgage down payment is less than 20 percent of the home’s purchase price. In addition to PMI for a home purchase, if you refinance and the equity in your home is less than 20%, PMI may also be required. Below are some thoughts I would like to share with you on PMI.
Buyer Focused ~~ Buyer Results CALL 503.804.1466
Anne Stewart-Principal Broker, operates an elite team of real estate professionals designed to focus on Buyer Representation
Resulting in superior customer care and exemplary client services.
Moving to Portland and need to get acclimated? Want to see a home that checks all the boxes? Our level of Buyer Agency and Buyer Representation is what you need in a real estate professional! We help you navigate the home buying process step-by-step with care, attention to detail and professionalism that is not easily found in the real estate industry.
Having an agent that focuses on fiduciary vs functionary representation is a game changer in buying real estate. ~ Anne Stewart
Helping home Buyers in the following counties: Multnomah, Washington, Clackamas, Yamhill and Marion
The Quinn Stewart Real Estate Group at Keller Williams Realty Portland Premiere are a team of experts in buyer representation. And that’s what you want!
We are here to represent your best interests in the purchase of real estate. Relocation, Residential, new construction, Land/Lots, condos/townhomes, Move up/Move down,
Since 2001, our team has over six decades of combined experience. Have a real estate agent whose real estate practice has PROVEN RESULTS!
- Expert negotiators
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Anne Stewart – Principal Broker/Oregon Licensed ABR, GRI, CRS, e-PRO
Quinn Stewart Real Estate Group