Private Mortgage Insurance

Private mortgage insurance is a type of insurance that helps protect the mortgage company against losses due to foreclosure. This protection is provided by private mortgage insurance companies and allows mortgage companies to accept lower down payments than would normally be allowed.

Private mortgage insurance also enables mortgage companies to grant loans that would otherwise be considered too risky to be purchased by third party investors like the Federal National Mortgage Association (FNMA) and the Federal Home Loan Mortgage Corporation (FHLMC). The ability to sell loans to these investors is critical to maintaining mortgage market liquidity, which in turn, allows mortgage companies to continue originating new loans.

Mission Statement:

I firmly believe in the Golden Rule or Law of the Prophets, "So in everything, do to others what you would have them do to you,"
Matthew 7:12 NIV

I am committed to Servant/Leadership based on a high Code of Ethics, Honesty, Integrity and Fairness throughout the transaction and beyond implementing the Keller Williams Realty Value and Belief Systems.