Finance/Money

3 Reasons Why No PMI with VA Loans is a Big Deal

One of the many special features of VA loans is that borrowers don’t have to carry private mortgage insurance (PMI).  PMI is insurance homeowners must get if they have less than 20% equity on a home financed with conventional or FHA loans.  The insurance helps secure the loan and cover lender losses if a loanContinue Reading “3 Reasons Why No PMI with VA Loans is a Big Deal”