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PMI

abbreviation for

  1. private medical insurance
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

That’s the magic number: if you put less than 20% down on a conventional 30-year-loan, you’ll also be saddled with PMI.

From Salon

That’s the magic number: If you put less than 20% down on a conventional 30-year-loan, you’ll also be saddled with PMI.

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Credit Karma has a calculator to help you figure this out, and a better credit score means a lower PMI rate.

From Salon

I asked Pratt if PMI is a scam.

From Salon

Your PMI is also re-evaluated because a refinance involves a new appraisal.

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