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Private mortgage insurance, who pays for it?

pays private mortgage insurance
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Private mortgage insurance, who pays for it?

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It is typically paid monthly by the borrower as part of their monthly mortgage payment. Some lenders have programs in which they pay for the private mortgage insurance; however, your interest rate will generally be higher for these programs.

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It is typically paid monthly by the borrower as part of their monthly mortgage payment. Some lenders have programs in which they pay for the private mortgage insurance, however, your interest rate will generally be higher for these programs.

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