Recovering from a stroke can happen quickly or can take a long time. How soon someone gets better depends on how bad the stroke was and how healthy the person was before the stroke. People who have had a stroke may need medicine or surgery. Later, they may need rehabilitation (say: ree-huh-bih-luh-TAY-shun).
Also known as Primary Mortgage Insurance, PMI is the lenders (banks) protection in the event that you default on your primary mortgage and no longer make payments and the home ends up going into foreclosure.
What is PMI? There are two types of mortgage insurance: private and government. If you have a government-backed loan, like an FHA loan, you pay mortgage insurance to the government. If your loan is not government-backed, you pay private mortgage insurance (PMI) to a corporate entity. PMI pays benefits to your lender in case you default on your mortgage, but you pay for the coverage. Lenders typically require PMI of home buyers if they put down less than 20% of the homeâs value.