What Is Private Mortgage Insurance (PMI)?

Private mortgage insurance, or PMI, is insurance that protects a lender if you fall behind on your mortgage payments.  PMI is required on conventional loans (those backed by Federal government-sponsored enterprises Freddie Mac and Fannie Mae) with a down payment or equity of less than 20% of a home’s purchase price or home’s value on […]

Contact Our Team

A New Name. The Same Commitment to You.

Foote Capital Mortgage Company is now Finofi Mortgage!

Same trusted team. Same personal guidance. A fresh new name and look built for the future.

Visit Finofi to explore our mortgage solutions, meet our team, or start your next home financing journey.

Skip to content