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@monkeywre wrote:The upfront premium is a percentage of the loan amount. There are several PMI companies but here is an example: https://www.mgic.com/-/media/MGIC/PDFs/71-61212_bpmi_refnd_singles.pdf?la=en
Are we going to have to find an insurer ourselves or we have to use whoever the lender mandates?
Your lender will pick the insurance company. I posted the rate card so you would have an idea of what the cost would be not for you to buy the policy.