There is too much information circling around the internet, about how to remove mortgage insurance from your monthly mortgage payment. Unfortunately, it is not as simple as having 20% home equity either. … [Read More…]
pmi
How To Buy A Home Without 20% Down And No Mortgage Insurance
The days of needing 20% down to buy a home are long gone. To compensate, lenders charge private mortgage insurance as means to offset risk, driving up would-be borrowers’ mortgage payments. Here’s … [Read More…]
Why A Low Rate Loan Is Not Always The Most Affordable
Other factors beyond the rate can drive up a your projected new monthly mortgage payment. Such adjustments include private mortgage insurance (PMI for short) and the term of the loan sought. A … [Read More…]
