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I will run a competitive pmi quote for your mortgage payment
Helping to make home ownership a reality
I'm Jeremiah, your mortgage and real estate expert! I have over a decade of experience within the financial services industry including experience as a WI licensed real estate salesperson, mortgage un...
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Jeremiah was selected by the Fiverr Pro team for their expertise.
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About this Gig
Thinking about purchasing a brand new home, but concerned you don't have the money for a down payment? Don't get discouraged!
In fact, many preferred lenders have financing options available that allow borrowers to put anywhere between 3-5% down for the purchase of a new primary residence (some restrictions to apply).
So, what's the catch? Well, chances are that if your down payment is less than 20% of the purchase price or appraised value, you may be required to pay for private mortgage insurance.
The CFPB defines private mortgage insurance or PMI as "a type of mortgage insurance you might be required to pay for if you have a conventional loan" that "protects the lender not you if you stop making payments on your loan."
Factoring in an applicable PMI premium is important when estimating your overall new monthly mortgage payment. Based on your criteria, I will provide a unique and competitive MI quote tailored around your profile and loan scenario.
Need help with your self-employed income?
Check out: https://www.fiverr.com/jeremiahclay/pre-underwrite-your-self-employed-borrower-income
Clients I’ve worked with
DLG Lending Team
Savings & Loans Services
Ongoing blogging services and content creation related to the mortgage industry, policy changes, and market updates
Oct 2020-Jan 2022
Fresh Home Loan
Blogging and content creation related to home loans and real estate / mortgage market updates and changes
Nov 2020-Jan 2022
FAQ
Is private mortgage insurance available to all borrowers?
MI providers have their own guidelines that must be met in order for a loan to be considered insurable. Credit score, loan amount, and DTI are a few of the factors analyzed. In general, most borrowers should qualify for PMI, however, some borrowers may not meet the minimum eligibility requirements
How can I learn more about private mortgage insurance?
The Consumer Financial Protection Bureau is a great resource to learn more about how private mortgage insurance works, whom it protects, and when it may be required. Check out: https://www.consumerfinance.gov/ask-cfpb/what-is-private-mortgage-insurance-en-122/
