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.

Team Real-T Belief:

Philippians 2:3-4 (NASB) Do nothing from selfishness or empty conceit, but with humility of mind regard one another as more important than yourselves; do not merely look out for your own personal intereste, but also for the interests of others. 

TEAM REAL - T
MISSION STATEMENT

Our Team is committed to Servant/Leadership based on a high Code of Ethics, Honesty, Integrity and Fairness throughout the transaction and beyond implementing our own high standards of practice, the Keller Williams Realty Value and Belief Systems. 
 

Real Estate Tips Jessie Teehee REALTOR®, Keller Williams Realty Northwest Oklahoma City