LMI Explained: Everything You Need to Know About Lenders Mortgage Insurance
By tmc
Many borrowers are pre-occupied with avoiding the cost of LMI. What is it and why, you ask? Read on and we’ll go through the basics. LMI stands for lenders mortgage insurance. That’s right – it’s not just home buyers who have be insured. LMI protects a mortgage lender in the unfortunate, but feasible, case where … Continued