What Is Mortgage Insurance and How Does It Work?

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/Mortgag... Please contact me if you have any questions. Sincerely, Lance Mohr Mohr Home Group at Keller Williams 813-317-4009 http://www.tampa2enjoy.com    / tampa2enjoy