Posted inInvesting
What’s The Deal With PMI (Mortgage Insurance) and Should You Really Avoid It?
When purchasing a property, you will need to put money down in order to get a loan. Contrary to popular belief, you do not always need to put 20% down in order to purchase a property. Sometimes, depending on the structure of the loan, you will be able to put down as little as 3.5%. This is what is known as an FHA loan.