Sentences with «to buy private mortgage insurance»
A borrower buys private mortgage insurance to protect the lender in case of default. (archives.starbulletin.com)
The VA loan program also frees military borrowers from buying private mortgage insurance (PMI). (veteransunited.com)
(Keep in mind that anyone who makes less than a 20 % down payment generally is going to be required by the lender to buy private mortgage insurance for a non-FHA loan.) (mymoneycounselor.com)