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Located in DuPage county, Westmont is about 18 miles west of the Chicago Loop and is considered a Chicago metropolitan area. Some great notable people are from Westmont including Muddy Waters, the founder of Chicago blues, and TyWarner, inventor of Beanie Babies. This community as beautiful parks located within the Westmont Park District, greenery and plenty of things to do including the tas...
*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.
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