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Somerset Lending

What Is LPMI? Lender Paid Mortgage Insurance

Thursday, October 20, 2011 - Article by: Somerset Lending - Somerset Lending Corp - Message

Tired of paying PMI in your mortgage every month. Click on the link below to read how you can get out of it.

When it comes to the words "mortgage insurance", many people have a negative reaction to it because they think it is "bad". Is mortgage insurance bad? Maybe, maybe not. But one thing that many people aren't aware of is that if you absolutely dislike the concept of having mortgage insurance on your loan, it is possible to get the lender to pay for it!

http://www.biggerpockets.com/mortgage/mortgage-insurance/what-is-lpmi-lender-paid-mortgage-insurance/

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