Tag: private mortgage insurance

October 15, 2021

Mortgage Insurance on Conventional Loan

insuranceCreation.com – Mortgage insurance is one of the complex process which you have to face if you are buying or refinancing a home. The mortgage insurance required for conventional loan is not the same as the FHA home loan. But it has similar basic concepts. […]

October 10, 2021

Is Mortgage Insurance Premium Tax Deductible?

insurancecreation.com – Is PMI tax deductible? Most home owners do not take private mortgage insurance (PMI). PMI typically costs between $50 and 70 per month for each $100,000 borrowed. With a $275.500 loan amount PMI could reach $83 to $193 a month. This will be […]