Tax advantage mortgage insurance

A smart alternative to paying traditional mortgage insurance is with Tax Advantage Mortgage Insurance (TAMI).

Tax Advantage Mortgage Insurance allows you to accept a higher interest rate in return for no PMI or Private Mortgage Insurance on your mortgage.

Tax advantage mortgage insurance has some key benefits and advantages over traditional mortgage insurance. One obvious benefit is that with the tax advantage mortgage insurance you are accepting a higher interest rate and will have more interest to write off each year on your tax returns due to the higher interest rate. With PMI or private mortgage insurance, that extra insurance is not tax deductible.