I have lots of favorite lenders but I’m especially fond of 3rd Federal.🥰 🙌Always the lowest rates and now check this out! “NO PMI!!”😲😲😲 Even if you’re only putting 5% down! That’s a big deal!🔥🔥🔥 Great news!! — especially for first time homebuyers with limited cash.
What’s PMI??? PMI – private mortgage insurance – is required by most lenders when putting less than 20% down on a loan. It really increases your monthly mortgage payment. And it doesn’t go away until you hae 20% equity in your home.