12/14/2025
🏡 What is PMI (Private Mortgage Insurance)?
PMI is required when you buy a home with less than 20% down. It protects the lender, not the buyer—but it helps you get into a home sooner.
✨ Why it matters:
PMI allows buyers to purchase with lower upfront cash, instead of waiting years to save 20%.
🚫 How to get rid of it:
Once you reach 20% equity (through payments or appreciation), PMI can usually be removed—meaning a lower monthly payment.
💡 Why it can benefit you:
PMI isn’t “wasted money” if it helps you start building equity, stability, and wealth earlier.
📩 Thinking about buying and have PMI questions? Let’s talk.
Louieangelo Manalo
The Equity Group
(559) 381-1805
#02151108
FB | IG: Louieangelo_realestate
CaliforniaRealEstate