What is the meaning of Mortgage Insurance (MI or PMI)?

Mortgage Insurance > MI or PMI
Subtopics: MI, MIP or PMI, Private Mortgage Insurance - PMI 

Insurance needed for mortgages with low down payments (usually less than 20% of the price of the home).

Barry Goldsmith
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|15 years ago|416 views|share |citing 
APABarry Goldsmith. (2010). Mortgage Insurance (MI or PMI). Retrieved September 25, 2026, from http://smartdefine.org/mortgage_insurance_(mi_or_pmi)/definitions/1158481
ChicagoBarry Goldsmith. 2010. "Mortgage Insurance (MI or PMI)" http://smartdefine.org/mortgage_insurance_(mi_or_pmi)/definitions/1158481 (accessed September 25, 2026).
HarvardBarry Goldsmith 2010, Mortgage Insurance (MI or PMI), Smart Define, viewed 25 September, 2026, <http://smartdefine.org/mortgage_insurance_(mi_or_pmi)/definitions/1158481>.
MLABarry Goldsmith. "Mortgage Insurance (MI or PMI)" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/mortgage_insurance_(mi_or_pmi)/definitions/1158481>