Private Mortgage Insurance or Insurer(PMI). These are privately-owned companies that provide mortgage insurance. They offer both standard and special affordable programs for borrowers. These companies provide guidelines to lenders that detail the types of loans they will insure. Lenders use these guidelines to determine borrower eligibility. PMI's usually have stricter qualifying ratios and larger down payment requirements than the FHA, but their premiums are often lower and they insure loans that exceed the FHA limit.
Adding a yard shed to your backyard not only provides a space for your yard and garden equipment, it gives you a welcomed bonus. With these items stored elsewhere, you will have gained valuable room in your garage for woodworking or other home projects.