Make the seller pay the single premium MI and never have monthly MI put 5% down

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Jan 28, 2015
3:22:47pm

TonyStark

Make the seller pay the single premium MI and never have monthly MI put 5% down

and invest the rest.

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TonyStark

Previous username: CougarBroker
Bio page: TonyStark
Joined: Nov 6, 2006
Last login: Feb 6, 2020
Total posts: 18,337 (4,208 FO)

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Messages

Author

Time

If you can put down a sizable down payment on a house, should you?

Bronoc

1/28/15 2:53pm

just enough to get the best rate and get out of mort. ins

kotacoug

1/28/15 2:56pm

Make it below jumbo and avoid PMI. That's all.

kurda

1/28/15 2:57pm

Always better to put at least 20% down, IMO, to avoid PMI.

1/28/15 2:59pm

I put down just enough to get the rate I wanted and avoid PMI. At the end of

1/28/15 3:14pm

Make the seller pay the single premium MI and never have monthly MI put 5% down

TonyStark

1/28/15 3:22pm

Makes more sense but 13 months ago i paid off house 3 1/2% loan with no regret,

roseyscenario

1/28/15 3:24pm

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