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Updated over 7 years ago on . Most recent reply

Frank Y.'s profile image
Frank Y.'s profile image
Frank Y.
  • Lender
  • from Philadelphia, Pennsylvania
  • Member since Feb 14, 2017
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225
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72
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Frank Y.'s profile image
Frank Y.'s profile image
Frank Y.
  • Lender
  • from Philadelphia, Pennsylvania
  • Member since Feb 14, 2017
Connect
Frank Y.
  • Lender
  • Philadelphia, PA
72
Votes |
225
Posts
Private Lending & Conventional Mortgage Advice

Do other private lenders require the borrowers to buy PMI?

Frank Y.
  • Lender
  • Philadelphia, PA
Posted

Hello, everyone. We are private lenders. Normally we fund 85% to 100% of purchase. We have never asked borrowers to purchase mortgage insurance. Do other lenders do the same?

Thank you. 

Frank

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