Private mortgage insurance is designed to mitigate a lender’s risk on a loan. Borrowers with lower credit scores, lower down payments, and other potentially problematic issues with their loan could be required to purchase and pay PMI on their property until a certain equity threshold or payment history is established.

Kiavi Breaks Records, Again
Kiavi’s tech-driven approach just made it the first to fund 100,000 investor loans. Kiavi has...
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