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.
For purchase mortgages, lenders require PMI when the down payment is less than 20% of the asking price of the home. There are a few problems, as far as a borrower is concerned, with private mortgage insurance: 1  It raises your monthly payment. This reduces the size of the loan that you can use for the home purchase or the size of the refi loan that you qualify for. 2  It is not tax deductible, unlike the interest that you pay on the money you borrow to buy a home or to finance a refinance loan on a traditional mortgage.