If you are wanting to learn what mortgage insurance is and how does it work, watch this short video, where I talk about PMI, MI and funding fees.
Contact me at http://www.tampa2enjoy.com/contact-us/

There’s a lot of confusion on what mortgage insurance is, how does mortgage insurance work and what’s the difference between mortgage insurance (MI) and private mortgage insurance (PMI).

Here are 3 important takeaways:
1. Conventional Loans have Private Mortgage Insurance (PMI)
2. FHA Loans have Mortgage Insurance (MI)
3. VA Loans have a Funding Fee

Learn more about mortgage insurance at https://en.wikipedia.org/wiki/Mortgage_insurance

Please contact me if you have any questions.

Sincerely,

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Lance Mohr
Mohr Home Group at Keller Williams
813-317-4009
http://www.tampa2enjoy.com
https://www.youtube.com/tampa2enjoy

Lance Mohr : What Is Mortgage Insurance and How Does It Work?

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5 COMMENTS

  1. Thankyou lance for all your helpful videos.were seniors and have learned alot! Husband is a veteran.looking for a small loan Maybe $50,000 for manufacturing home.will be putting $10,000 down .would va be the best way to go with less fees?

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