It was with great effort that we compiled this article on home loan mortgage. So we would be pleased if someone like you used it for your reference on home loan mortgage. Thinking about home loan mortgage made us compile this article. Read it to learn more about home loan mortgage. FYI on PMI – General Information on Private mortgage insurance What is PMI? PMI, or private mortgage insurance, is an insurance that home buyers are required to purchase if their down payment is low. Private mortgage insurance is usually required of home buyers whose down payment is 20 percent or less of the property’s sale price or appraised value.