Private Mortgage Insurance, also called PMI, is an insurance policy explicitly for the benefit of the lender to insure against the borrowers’ eventual default on the mortgage. If you are putting less than twenty (20%) percent down on the purchase of your new home, you...
According to its website, the Florida PACE Funding Agency was created in 2011 and has a stated goal of providing financing for residential and commercial property owners to make “Qualifying Improvements” to their properties. The PACE program will “only issues bonds on...
