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I think you mean "PMI" which is an acronym for Private Mortgage Insurance. It applies when more than 80% equity exists in the appraised value of a property. It results in higher interest rates and a higher mortgage payment.

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Q: What is PSI in Real Estate?
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What does psi stand for when refering to the real estate psi exam?

The "PSI" in the real estate PSI exam stands for Psychological Services International, which is the company that administers the exam for many states.


What does the initials PSI stand for in real estate?

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What has the author Alvin L Arnold written?

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