get a low pmi factor when home buying Archives - Sonoma County Mortgages https://sonomacountymortgages.com/tag/get-a-low-pmi-factor-when-home-buying/ Tue, 27 Sep 2022 17:45:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://sonomacountymortgages.com/wp-content/uploads/2023/05/cropped-scm2-sonoma-cm-2-32x32.png get a low pmi factor when home buying Archives - Sonoma County Mortgages https://sonomacountymortgages.com/tag/get-a-low-pmi-factor-when-home-buying/ 32 32 What type of mortgage lender are you looking for? https://sonomacountymortgages.com/2022/02/what-type-of-mortgage-lender-are-you-looking-for/ Sun, 13 Feb 2022 17:18:20 +0000 https://sonomacountymortgages.com/?p=16998 Should you buy a single family or mobile home?Not all mortgage companies are the same. What type of lender or mortgage professional you work with can make the difference between you being successful in your home-buying endeavor or not. You want a lender, or someone working on your behalf who has the “whatever it takes” approach to helping you with financing. No matter…

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]]> The new credit score you need to get a mortgage https://sonomacountymortgages.com/2021/11/credit-score-for-mortgage/ Sun, 28 Nov 2021 16:18:52 +0000 https://sonomacountymortgages.com/?p=16926 Why you should wait for your credit to improve before applying for a mortgageIt was recently announced there’s a credit score change to conventional loans. This credit score change is now shaping the way families can procure a mortgage. If your credit score needs a little bit of love, and where you should be concerned about your credit score.  FHA mortgages require a 580-credit score with most banks…

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]]> Should you really worry about PMI when buying or refinancing a house? https://sonomacountymortgages.com/2021/10/pmi-when-buying-a-house/ Sun, 03 Oct 2021 16:30:20 +0000 https://sonomacountymortgages.com/?p=16822 are usda loans worth the hypeOne of the dreaded things of the housing and mortgage industry is an additional expense called private mortgage insurance that’s added to your monthly mortgage payment. PMI should be avoided by whatever means necessary. However, perception is everything so let’s talk about and break down what PMI is and whether is it as bad as…

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]]> How to score a jumbo mortgage with less than 20% down https://sonomacountymortgages.com/2016/07/jumbo-mortgage-20-percent/ Wed, 06 Jul 2016 00:19:15 +0000 https://sonomacountymortgages.com/?p=13152 How to use seller carry financing to purchase a house with less cash downLooking to finance a big mortgage? Here’s some tips you can take to the bank… Most jumbo investors still have tight credit guidelines. Jumbo loans are any residential mortgage sizes greater than the county high balance loan limit. In Sonoma County, CA the maximum loan size for a single-family home is $554,300 making anything larger…

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