4 TYPES OF PRIVATE MORTGAGE INSURANCE
Mortgage insurance is a great way to protect yourself from rising interest rates and the risk of losing your home if you can’t keep up with payments. But there are different types of mortgage insurance, and it can be difficult to know which one is right for you.
In this episode of the ZABE Smart Mortgage Podcast, Fidel Dorado, team leader at ZABE Mortgage Group, talks with Jeremy Goodson from Essent about the four different types of mortgage insurance available:
- Borrower-paid (BPMI)
- Lender-paid (LPMI)
- Single premium
- Split premium
Jeremy will also discuss the benefits and how choosing the right one will give you a smarter advantage in buying a home.
We’ll be back for another episode of the ZABE Smart Mortgage Podcast!
We believe that homeownership should be a positive experience, and we want to help you achieve your financial goals by offering professional assistance through all stages of the home buying process. Give us a call at (559) 664-1930!