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Jan 18, 2021
10:59:34pm
Cougarite Redshirt Freshman
For jumbo definitely try a bank. Wells Fargo probably
Has the best jumbo rate out there. That’s the only program they are good on.

Pmi on 5% down high balance 740+ fico score is about .35% so take your loan amount multiply it by .35% and divide by 12 months. So $650,000x .35% = $2275/12 = $189.58 per month.

I only ran one MI company there are 6 total so it could be a little cheaper with someone else but not a whole lot maybe $25
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