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Money Girl

436 MG How to Avoid Private Mortgage Insurance (PMI) on Your Home Loan

Money Girl

Macmillan Holdings, LLC

Entrepreneurship, Education, Investing, Business, How To

4.61.8K Ratings

🗓️ 3 February 2016

⏱️ 13 minutes

🧾️ Download transcript

Summary

Laura explains what private mortgage insurance (PMI) is and how to avoid paying it in the first place. If you’re already paying PMI, you’ll learn your rights for getting rid of it as quickly as possible so you can lower your mortgage payment and save more money. Read the full transcript here: http://bit.ly/1nWYEql

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Transcript

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0:00.0

Hi everyone and welcome back to Money Girl, a podcast that helps you master your money

0:08.9

so you can live rich and love the journey.

0:12.3

My name is Laura Adams. I'm a personal finance expert

0:16.0

and award-winning author. You can learn more about me at LauraD Adams.com and

0:21.1

while you're there be sure to check out my tools page.

0:24.0

That has all the resources that I recommend for just about every area of your financial life,

0:29.0

like saving, investing, building credit, managing money, and improving your productivity.

0:34.0

If you own a home with a mortgage,

0:36.0

or want to be a homeowner one day,

0:39.0

this show is for you,

0:40.0

it's about an important topic that's commonly misunderstood called private mortgage

0:45.5

insurance or PMI. In this show I'll explain what private mortgage insurance is and how to avoid paying for it in the first place.

0:55.0

And if you're already paying PMI, you'll learn your rights for getting rid of it as quickly as possible

1:01.0

so you can lower your mortgage payment and save more money.

1:05.3

Don't worry about taking notes because I post the transcript for every show on the

1:09.6

Money Girl page at quick and dirty tips.com.

1:12.3

They also include additional resources that I think

1:14.6

you might find helpful. Also, a lot of people ask me about where to find older

1:19.6

podcast that are not still in the feed on iTunes or other podcast apps.

1:25.0

The full archive of weekly podcasts that go all the way back to 2007

1:30.0

are in the Moneygirls section at quick and dirty tips.

1:33.0

There's so many shows that we just can't host the full archive.

...

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