The Dirt on.. PMI What It Is and How to Avoid It
Episode notes
Confused about mortgage insurance? You’re not alone. In this episode of The Dirt on Real Estate, host Will Bennett, Licensed Utah Realtor, sits down with Utah mortgage officer Casey Bentley to explain everything you need to know about PMI (Private Mortgage Insurance)—what it is, how much it costs, and how to get rid of it when the time is right.
You’ll learn why mortgage insurance exists, how it helps buyers with lower down payments, and the difference between PMI (for conventional loans) and MIP (for FHA loans). Casey also breaks down how to estimate PMI costs, what affects those numbers, and when it makes sense to put down 5%, 10%, or the full 20% on a home.
Plus, hear strategies for refinancing, common misconceptions, and why paying mortgage insurance isn’t always a bad thing—especially in Utah’s fast-appreciating real estate market. If you're a first-time buyer wondering how PMI impacts your budget, this episode is packed with clear, actionable insights.
Questions about Utah Real Estate?
Call or Text me: 435-395-9135
Email me: wbennett@gutahrealestate.com
Video: https://youtu.be/OEY4IyVXK74
Casey Bentley
Phone: 801-361-1876
Email: casey@bentleyag.com
Instagram: @BentleyAdvisers