Financier stating no PMI with an 15% Investment

Financier stating no PMI with an 15% Investment

Rental Property Investor · Member since 2019 · 34 posts · 11 votes

MY Financier is stating he can get me a no PMI on my financing with a 15% or less investment as well. Is there a catch to this or does his company simply have the ability to do so when it comes to this?

0Reply
12 views

1 Reply

Jump to latestLatest
  • Joe VilleneuvePro Member
    Plymouth, MI · Member since 2013 · 13k+ posts · 19k+ votes
    6y

    The potential catch is the difference between the added DP and the cumulative PMI

Join the conversationCreate a free account to reply, vote on answers and follow this thread.