Lender-Paid Mortgage Insurance

We can save you some serious money on your monthly payments!

Get a good home loan with only 5%-19% down
Always get a good interest rate
Never be charged any unnecessary, hidden “junk” fees
Work with friendly, Non-Commissioned Loan Officers

AND…James B. Nutter & Company will even pay your PMI Insurance up front, so you don’t have to pay it every single month over the life of your home loan.

What is PMI Insurance? Private Mortgage Insurance (PMI) is required when a buyer has less than 20% to put down on a mortgage loan. Lenders typically add the PMI fee (generally $100-$200 per month) to your monthly loan payment.

We pay all the PMI fees up-front, for you. Your interest rate will increase slightly to cover the cost of your PMI, but your monthly payment will still go down.

James B. Nutter & Company’s Lender-Paid Mortgage Insurance is an option for those wanting to reduce their monthly payments, and offers the potential for a greater tax deduction.

Here’s an Example:
Let’s say you’ve found a home that sells for $285,000. You’ve saved $14,250 to put down, which is 5% of the home sale value and are seeking a Conventional Loan.

SELLING PRICE: $285,000
LOAN AMOUNT: $270,750
LOAN-TO-VALUE: 95%

  LENDER-PAID MORTGAGE INS MORTGAGE WITH PMI
Principal & Interest $1,371.85 $1,312.19
Homeowner’s Insurance Estimate $150.00 $150.00
Real Estate Taxes Estimate $233.33 $233.33
No PMI/PMI - $148.91
Total $1,755.18 $1,844.43

Save $89.25 per month

*The above is provided for informational purposes only. Interest rates shown are examples only and are subject to change without notice. Please note: program availability is subject to approval under insurer and investor requirements, not all borrowers may qualify.


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Contact Us (800) 466-3733

Or text “REFI” to 313131