PMI costs vary from insurer to insurer, and from plan to plan. Example: A highly leveraged adjustable-rate mortgage requires the borrower to pay a higher premium to get coverage. Buyers with a 5% down payment can expect to pay a premium of approximately 0.78% times the annual loan amount, $92.67 monthly for a $150,000 purchase price. But, the PMI premium would drop to 0.52% times the annual amount, $58.50 monthly if a 10% down payment was made.
Pitch Edison Financial, LLC is a Mortgage Broker based out of Omaha, NE. As a Financial professional for over 12 years, Mark has the unique ability to navigate a complex industry to provide unmatched solutions and resources to his customers that others simply cannot. Our model allows us to create a custom experience whether you are looking for a better rate, lower fees, a quick closing, down payment assistance or help with credit challenges, we can tailor a loan that is right for you. Let us know how we can hellp you.
Company NMLS: 1703152
14301 FNB Pkwy, Suite 100
Omaha, Nebraska 68154
Phone: (402) 509-4115