Private mortgage insurance (PMI)
A type of insurance policy written by a private company protecting the mortgage lender against loss resulting from a mortgage default; typically used if the borrower’s down payment is less than 20 percent of the home’s purchase price.
Linda grew up in Wisconsin, moved to Florida, and found her happy middle ground in 1991, moving to Raleigh. Linda spent 20 years in the airline industry and has been in real estate for 14 years. In her career, she has sold over 300 million dollars worth of real estate.
More Posts
Follow Me:

