PMI has had a definitive impact on many home buyers - including making them rethink or delay the purchase of a home 
in light of not being able to meet monthly mortgage payments. Borrowers are required to get PMI if the loan exceeds 80 percent of the home’s value. The insurance protects the lender in case the borrower defaults on their loan. Many buyers say that PMI has an impact on their home purchasing decisions. If you're thinking of buying a house, you definitely want to make sure your credit is in good shape. Mortgage approval relies on a lot more than your credit standing, but its importance shouldn't be overlooked, read more.
in light of not being able to meet monthly mortgage payments. Borrowers are required to get PMI if the loan exceeds 80 percent of the home’s value. The insurance protects the lender in case the borrower defaults on their loan. Many buyers say that PMI has an impact on their home purchasing decisions. If you're thinking of buying a house, you definitely want to make sure your credit is in good shape. Mortgage approval relies on a lot more than your credit standing, but its importance shouldn't be overlooked, read more.
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