Skip to main content

Does having private mortgage insurance do anything to change foreclosure proceedings?

Reno, NV |
Filed under: Foreclosure

We have PMI, but are also in real danger of not being able to pay our mortgage. Will this help us during the proceedings in any way?

Attorney Answers 1


PMI helps the lender if you default on your loan but it does not help you. Sorry.

The author of this posting is licensed to practice law in the State of Connecticut. This posting is intended as general information only, and is not provided as legal advice in connection with any specific case, and does not create an attorney-client relationship.

Mark as helpful

1 lawyer agrees

Real estate topics

Recommended articles about Real estate

What others are asking

Can't find what you're looking for?

Post a free question on our public forum.

Ask a Question

- or -

Search for lawyers by reviews and ratings.

Find a Lawyer

Browse all legal topics