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2026-01-26 21:29:52 -

PMI Removal: How Homeowners Can Eliminate Private Mortgage Insurance

Private Mortgage Insurance (PMI) is a common requirement for homeowners who put down less than 20 percent when purchasing a home. While PMI protects the lender, it increases monthly payments for the borrower. The good news is that PMI removal is often possible once certain equity thresholds are met. This article explains what PMI is, how PMI removal works, and the steps homeowners can take to...

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