In order to obtain a loan without private mortgage insurance, a person needs to have the balance of the loan percentage at 80 percent or below. Avoid paying private mortgage insurance, or PMI, with tips from a licensed mortgage broker in this free video on personal finance and real estate.
Expert: Adriel Torres
Bio: Adriel Torres has been in the mortgage business for over a decade. He has owned two mortgage companies and is a licensed mortgage broker.
Filmmaker: Christopher Rokosz