Private mortgage insurance on a loan if the borrower does not add an initial payment of 20 percent, because the lender takes more risk in this situation. pay the mortgage private insurance if you have a small down payment with the advice of a mortgage broker in this free video on mortgageloans. Expert: Matthew McKillen Contact: www. innovativefg. com Bio: Matthew McKillen has over 21 years of experience in the specific sector in the organization of loans to its customers. Director: Christopher Rokosz