No PMI Loan

If you don’t like the idea of paying monthly private mortgage insurance (PMI), we have just the loan for you.

Private mortgage insurance (PMI) is a type of insurance that is often required when you buy a home and make a down payment of less than 20 percent of the home’s purchase price. PMI is typically a portion of your monthly mortgage payment. It protects your lender if you stop making payments on your loan.

With our NO PMI LOAN program, we can eliminate your monthly PMI payment completely. Instead of paying PMI every month, we turn it into one lump sum that you can finance into your loan, which increases your buying power. By financing it into your loan, you need less cash at closing.