http://www.lastbamboo.org/why-is-private-mortgage-insurance-important Mon, 03 Aug 2009 09:25:10 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://www.lastbamboo.org/why-is-private-mortgage-insurance-important/comment-page-1#comment-8 G Y Mon, 27 Jul 2009 09:26:28 +0000 http://lastbamboo.org/why-is-private-mortgage-insurance-important#comment-8 Good question. Just remember when you borrow you are asking someone to trust that you will repay. The lender is exposed to risk. Insurance is usually only required when you put down either a low or no down payment. Otherwise the value of the house is colateral. Beef up your down payment and insuance should not be required. Good question. Just remember when you borrow you are asking someone to trust that you will repay. The lender is exposed to risk. Insurance is usually only required when you put down either a low or no down payment. Otherwise the value of the house is colateral. Beef up your down payment and insuance should not be required.

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