Is there a way to avoid paying outrageous PMI if you plan to finance 100% of a new home?
My husband has impeccable credit, so we can get a good interest rate. We just aren't in a position to put 20% down at this time. I have heard about 80/20 loans, but I am not sure if that is a better option. I am only intrested in a 30 year fixed rate mortgage - no ARM! Do I have any other options other than PMI???