If you’re buying a house and putting less than 20% down, there’s a good chance you’re going to hear the term PMI. For a lot of buyers, PMI sounds like one of those annoying mortgage terms that immediately feels bad. Kind of like hearing “additional documentation needed” or “please upload page 7 again as a PDF.” But PMI is not automatically a bad thing. In the right situation, PMI can actually be a very useful tool. It can help you buy sooner, keep more cash in your account, a