The hidden link between private mortgage insurance and your credit score

It’s something few homebuyers understand but more should. It’s the importance of your credit score when buying a home, especially if you have a low down payment and must buy private mortgage insurance.Private mortgage insurance, known as PMI, protects the lender’s investment when the borrower pays less than 20 percent down. When the homebuyer reachesContinue reading “The hidden link between private mortgage insurance and your credit score”