800-555-2098
Conventional Loans are home loans that conform to the underwriting guidelines set by the Government Sponsored Entities, Fannie Mae and Freddie Mac. In the past, conventional loans were only for elite borrowers that had 20% or more for their down payment. Times have since changed opening up great new programs for low to middle income… Read more »
.
Tag: pmi
How to avoid or get rid of PMI
Private Mortgage Insurance (PMI) protects the lender in case you default on your loan. In most cases, unless you have a 20% down payment, you would have to pay PMI. But if that sounds like one more expense you can’t afford, here are some ways you can avoid PMI or get rid of it if… Read more »
How can I lower my monthly mortgage payments?
So, you’ve had a home for awhile, but you feel like your budget is just too tight. You scrimp and save, but it’s never enough. If the biggest expense you have is your mortgage, maybe it’s time to refinance your mortgage. Refinance to a lower rate Rates are very low. Right now, for a 30-year… Read more »
TIME IS RUNNING OUT ON REDUCED MORTGAGE INSURANCE PREMIUMS
FHA loan are becoming more popular as families deal with the after effects of the major economic depression that we saw only a few years ago. With conventional mortgage being more difficult to qualify for with previous credit issue, FHA has become the go to mortgage program for U.S. Families. The Federal Housing Administration has… Read more »
.
Google Rating
Based on 765 Reviews