Home Buyer Resources
1725 Sierra Trace Road
The Springs is a luxury gated lakefront subdivision located on High Rock Mountain in southern Davidson County, North Carolina.
Home Values
Kernersville New Homes [2019]
Role of Private Mortgage Insurance
An acronym for Private Mortgage Insurance is PMI. This type of insurance protects the lender in case the borrower defaults on the mortgage. The beneficiary of the policy is the lender and the borrower pays the premium for the policy. PMI is mandatory on all loans where the borrower puts down less than a 20% down payment.