This is why lenders charge a monthly mortgage insurance fee for conforming loan down payments under 20 %, and it is why they have strict «gift» guidelines for relatives. (centralcoastlending.com)
You should quit paying the private mortgage insurance fee as soon as possible. (mortgage-helper.com)
Another advantage to conventional loans is the lack of an upfront mortgage insurance fee, even if the buyer puts less than 20 percent down. (themortgagereports.com)