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    Come Say Hello

    301 Oxford Valley Rd #1302
    Yardley, PA 19067

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    We Are Open

    Mon - Fri, 9am - 7pm

    Sat, 10am - 1pm

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    Need To Talk To Us

    Phone: (215) 710-0738

    Email: robert@shermanteam.com

Private Mortgage Insurance is provided by a private mortgage insurance company to protect lenders against loss if a borrower defaults. Private Mortgage Insurance is generally required for a loan with an initial loan to value (LTV) percentage in excess of 80%. In most cases, this will mean that you will have to pay Private Mortgage Insurance if your down payment is less than 20% of the value of the home you are purchasing or refinancing. The cost of the mortgage insurance is typically added to the monthly mortgage payment.