Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Do other private lenders require the borrowers to buy PMI?
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