I recently signed up to do business with a credit union in California who writes loans in Pennsylvania. One of their unique products offered to their customers is reduced PMI insurance. Because they are a credit union, as opposed to a bank or mortgage company, they get reduced rates on PMI insurance from two different PMI insurance companies. The average reduction in monthly payments is 41% less than what the large banks and mortgage companies charge for PMI insurance. The payment savings has made the difference in some people qualifying for a larger home than they otherwise would have been able to do. Plus the credit union offers fantastically low rates that match or beat my lowest banks and mortgage company's rates, too. For a PMI chart please contact me at 484 695 5972.
Andy Williams
President
Abacus Regional Mortgage
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