STREAMLINE
☰
About
Our Office
Contact Us
Join Our Team
Find a Professional
Resources
Loan Programs
Loan Process
Mortgage Basics
Mortgage Calculators
FAQ
Get a Quote
Login
How is Private Mortgage Insurance Paid?
PMI fees can be paid in many ways depending on the company used:
Borrowers can choose to pay the one year’s premium at closing, and then an annual renewal premium is collected monthly as part of the house payment.
Borrowers can choose to pay no premium at closing, but add on a slightly higher premium monthly to the principal, interest, tax and insurance payment.
Borrowers who want to sidestep paying PMI at closing but don't want to increase their monthly house payment can finance a lump-sum PMI premium into their loan. Should the PMI be canceled before the loan term expires through refinancing, paying off the loan or removal by the loan provider, the borrower may obtain the rebate of the premium.
GET A QUICK QUOTE
First name
First Name is required!
Last name
First Name is required!
Email
Email address is required!
Phone
Phone Number is required!
Loan Amount
Less than $70,000
$70,001 - $80,000
$80,001 - $90,000
$90,001 - $100,000
$100,001 - $110,000
$110,001 - $120,000
$120,001 - $130,000
$130,001 - $140,000
$140,001 - $150,000
$150,001 - $160,000
$160,001 - $170,000
$170,001 - $180,000
$180,001 - $190,000
$190,001 - $200,000
$200,001 - $210,000
$210,001 - $220,000
$220,001 - $230,000
$230,001 - $240,000
$240,001 - $250,000
$250,001 - $275,000
$275,001 - $300,000
$300,001 - $325,000
$325,001 - $350,000
$350,001 - $375,000
$375,001 - $400,000
$400,001 - $425,000
$425,001 - $450,000
$450,001 - $475,000
$475,001 - $500,000
$525,001 - $550,000
$550,001 - $575,000
$575,001 - $600,000
$600,001 - $625,000
$625,001 - $650,000
$650,001 - $675,000
$675,001 - $700,000
$700,001 - $725,000
$725,001 - $750,000
$750,001 - $775,000
$775,001 - $800,000
$800,001 - $825,000
$825,001 - $850,000
$850,001 - $875,000
$875,001 - $900,000
$900,001 - $925,000
$925,001 - $950,000
$950,001 - $975,000
$975,001 - $1,000,000
$1,000,001 - $1,100,000
$1,100,001 - $1,200,000
$1,200,001 - $1,300,000
$1,300,001 - $1,400,000
$1,400,001 - $1,500,000
$1,500,000+
Property Value
Less than $70,000
$70,001 - $80,000
$80,001 - $90,000
$90,001 - $100,000
$100,001 - $110,000
$110,001 - $120,000
$120,001 - $130,000
$130,001 - $140,000
$140,001 - $150,000
$150,001 - $160,000
$160,001 - $170,000
$170,001 - $180,000
$180,001 - $190,000
$190,001 - $200,000
$200,001 - $210,000
$210,001 - $220,000
$220,001 - $230,000
$230,001 - $240,000
$240,001 - $250,000
$250,001 - $275,000
$275,001 - $300,000
$300,001 - $325,000
$325,001 - $350,000
$350,001 - $375,000
$375,001 - $400,000
$400,001 - $425,000
$425,001 - $450,000
$450,001 - $475,000
$475,001 - $500,000
$525,001 - $550,000
$550,001 - $575,000
$575,001 - $600,000
$600,001 - $625,000
$625,001 - $650,000
$650,001 - $675,000
$675,001 - $700,000
$700,001 - $725,000
$725,001 - $750,000
$750,001 - $775,000
$775,001 - $800,000
$800,001 - $825,000
$825,001 - $850,000
$850,001 - $875,000
$875,001 - $900,000
$900,001 - $925,000
$925,001 - $950,000
$950,001 - $975,000
$975,001 - $1,000,000
$1,000,001 - $1,100,000
$1,100,001 - $1,200,000
$1,200,001 - $1,300,000
$1,300,001 - $1,400,000
$1,400,001 - $1,500,000
$1,500,000+
Loan Type
Purchase Loan
Refinance Loan
Credit History
Excellent
Good
Fair
Poor
Comments
{{ getButtonText() }}
Something went wrong ! Please contact us via phone or email !