Higher Conforming Loan Limits Found A Lender That Will Pay For My PMI. I Have Great Credit, No Debt, Except Car Payment.?

Found a lender that will pay for my PMI. I have great credit, no debt, except car payment.? - higher conforming loan limits

Loan will be an adjustment loan (416K). What are the advantages of having the lender pay PMI, which is an advantage, or is this a way for me to pay an interest rate?
Note: I'm only 13% down payment.

1 comments:

Anonymous said...

If it pays the lender, the interest rate will be higher. Compare Side 2 scenarios to see which side is more logical. Also check in 2 loans without PMI.

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