No surprise, Every lender offers a lender paid mortgage insurance. Basically they increase your interest rate to cover the Mortgage Insurance, You should also investigate your closing costs because they may use points to buy down the interest rate. Remember the old saying, if it sounds too good to be true, it must be!
Compare apples to apples. The differences will be apparent.
Residential Home Funding
7 Pelican Drive,
Bayville, NJ 08721