Can I Avoid Paying ( PMI ) Private Mortgage Insurance ?
Lenders usually require PMI if the mortgage loan is more than 80% of the home's purchase price. If you do not have the standard 20% down payment, there are ways to avoid the PMI. Speak to your local CPA about the 80-10-10 financing plan and other strategies to avoid the PMI.
Note If you need professional help with "Insurance" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.