Getting Rid Of PMI: How To Do It

Private mortgage insurance (PMI) helped a record-high two million low-downpayment borrowers secure mortgage financing in 2020, a 53% jump from 2019, Housing Wire reports. It’s generally required if you’re unable to make a minimum down payment of 20% and ranges between 0.5%-2% of the loan total. Fortunately, however, you’re not locked into paying PMI (which can be hundreds of dollars each month) for the entire life of your loan and have several options for getting rid of it. Wait for automatic cancellation  Under the Homeowners Protection Act, PMI should automatically…

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Top 5 Reasons To Consider Hotshot Trucking Over On-The-Road Trucking

Since getting into the trucking business is a big challenge, making a whole business plan, paying the cost of establishing the business, buying vehicles, and going through a long process of fulfilling legal requirements, many staters find an alternative to get into this profitable industry.  The trucking business is nearly contributing to almost half of the entire US economy. Every truck driver is making a handsome income. Those who cannot run their own business are considering the merits of hotshot trucking. What Is A Hotshot Trucker? If you have never…

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