Updated over 13 years ago on . Most recent reply
Mortgage insurance question
I found out today the monthly cost of a house I am looking to buy. The montly cost is roughly 1700, 180 of which is mortgage insurance. I am only putting 5% down on the house. I was told the reason i must pay the mortgage insurance is because i am putting less than 20% down. Is there any way of getting around having to pay for mortgage insurance?
- Shawn Mcenteer
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House Hacking New Jersey
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