KNOWLEDGE BASE

What is private mortgage insurance (PMI)?

Private mortgage insurance (PMI) is insurance that protects your lender if you can’t make your mortgage payments. It’s usually required when your down payment is less than 20%.

You can call our insurance department for more information. Our hours are Monday–Friday 7 a.m. – 8 p.m. CT. We accept relay calls.

Phone Number: 800-365-7772

More information

Mortgage FAQ