The total number of originated loans decreased by about 924,000 between 2017. of closed-end, conventional home purchase loans, the median CLTV was 80, with 46.2 percent of originations over 80.0.

With three percent down, and making an adjustment for rate and PMI, the rate of return on a low-down-payment loan is still 105%. The less you put down, then, the larger your potential return on.

There are some loans that don't require PMI and if you have a large enough down payment you can avoid it. Where going to take a deeper look into mortgage .