If you purchased a home with less than a 20% down payment then you are most certainly paying Private Mortgage Insurance or PMI. PMI is a kind of mortgage insurance, PMI protects the lender—not you—if you stop making payments on your loan. PMI is arranged by the lender and provided by private insurance companies.
If you purchased your home since 2008 and you have PMI I can most certainly help you alleviate that payment all together. As a Realtor its not just my job to sell you or sell your home its to keep you abreast of all the trends in the market and products available to you post closing. Call me today so I can help remove the PMI payments.