Private Mortgage Insurance It’s easy to think of Mortgage Insurance as an unnecessary evil since it only protects the lender. Decide for yourself: Quick Facts Private Mortgage Insurance is required when you have a Conventional loan with less than 20% down payment. Abbreviations are often used in the industry: MI for Mortgage Insurance PMI for Private […]
‘How Much House Can I Afford?'(The Definitive Guide)Home Affordability Calculator Reveals what a Lender thinks you can afford AND how much House You can Afford based on what you Want to Pay per month.*Updated with 2017 Industry Rules/Guidelines*Buying a house? The first question is to determine how much you can reasonably afford. That is a […]
Buying a house? Need a Home Loan? READ THIS FIRST Imagine for a moment, that you’re selling a home. You’re excited because you just received 5 offers! All the terms of the offer are *almost* the same except how the buyer is asking to purchase your home. Here’s a summary of their qualifications: Buyer #1: […]
