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.
GMC represents some of the top lenders in America with a wide array of products to serve our clientele. The Company mission is simply stated as: “Our Clients First Because We Care”.
Company NMLS: 1753384 | AZMB 0948439