In some cases, the lender will pay for the private mortgageinsurance and charge the borrow
In some cases, the lender will pay for the private mortgageinsurance and charge the borrower a slightly higher rate ofinterest. The main advantage for the borrower in this program isthat the?
A.a. calculation is simpler. B.b. lender buys PMI at a lowerrate. C.c. additional interest charged is tax deductible. D.d.higher interest rate remains for the life of the loan.
Abhinav
03-Dec-2019