Mortgage & Interest Rate
News, Tips & Tools Page 5

Explore Pennymac's Learning Center for tips on mortgage rates, interest rates, home buying, refinancing & real estate. Stay informed to make smarter decisions.

 
Everything You Need to Know About Lender-Placed Insurance (LPI)

Lender-placed insurance is added to a mortgage in order to maintain homeowners insurance coverage if the existing policy expires. Explore its role in lending, how it works and what you can do to avoid it.

February 12, 2024

Everything You Need to Know About Lender-Placed Insurance (LPI)
Everything You Need to Know About Lender-Placed Insurance (LPI)

Lender-placed insurance is added to a mortgage in order to maintain homeowners insurance coverage if the existing policy expires. Explore its role in lending, how it works and what you can do to avoid it.

February 12, 2024

Your homeownership
journey, made easy

Access Home Equity Buy a home Refinance