Friday, March 9, 2012
Lowering PMI Costs
For those of you with high credit scores and may be using a conventional mortgage, your home financing is going to become less expensive. One of our favorite PMI companies is lowering their PMI costs for high credit score borrowers. To qualify, your middle credit score must be 760 or higher at time of application. This cost change is effective in Mid-March and applicable to all new applications for conventional mortgages.