There are several ways to get a mortgage without PMI, however, and one of those tactics might be right for you. PMI protects the lender if you fail to repay your home loan. For instance ...

with a conventional loan) and your home equity is less than 20%. Also known as: PMI Insurance, Private Mortgage Insurance ...

Should the borrower default, or stop paying, the loan, the lender receives a payout from the PMI carrier. PMI is a temporary expense. By law, lenders are required to cancel it when your mortgage ...

Rates are near historic lows but they will rise this year and you don't have to pay Private Mortgage ... (PMI) or have a large down payment. Plus you can get financing up to $417,000. Use your VA ...