Mortgage Connect

Private mortgage insurance: one of the most powerful financial tools for first-time buyers 

While it may seem second-nature to realtors, lenders, and others in the industry, navigating the homebuying process can be overwhelming and confusing, particularly for first-time homebuyers. It can feel like a foreign language and it’s often easy for misconceptions to take root. This includes the characterization of private mortgage insurance, which helps first-time buyers and working families become homeowners years sooner and reduces the cash due at the closing table by tens of thousands of dollars.