April 24, 2025

How to Avoid PMI Without 20% Down: Expert Guidance

Buying a home often involves navigating complex financial terms, and private mortgage insurance (PMI) is one of them. For many Canadian homebuyers, PMI adds significant costs to monthly payments. But what if there’s a way to secure a mortgage while minimizing this expense? This guide explores practical strategies to achieve that goal. PMI protects lenders if a borrower defaults on their loan. It...

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