Private Mortgage Insurance (PMI) can cost you a few hundred dollars a month, especially if you have an FHA mortgage. So, if you eliminate PMI from your monthly mortgage payment, you can save hundreds of dollars each month.
Fox Business published an article reviewing 4 proven ways to cut PMI out of your monthly mortgage that we want to share.
- Use the 80/10/10 Method
- Prepaid Private Mortgage Insurance
- Gift of Equity
- Military Veteran Perks
Read the Fox Business article: 4 Ways to Cut This Cost From Your Mortgage Payment.
The Marimark Mortgage Newsletter will keep you informed with important events in the mortgage industry that could impact your finances.
We especially focus on ways to save money on your current and future mortgages. And, we continually share the information we share with our clients, because we believe informed consumers are the best consumers.
Real estate agents, and other professionals in the industry, will receive an ongoing wealth of information that will help them serve their clients.
