Who needs Mortgage Insurance? If you’re buying a house with less than 20% down payment, the answer is YOU. Mortgage Insurance is often abbreviated in the industry as “MI”. Some conforming home loans with less than 20% down do offer “No MI” or Lender-Paid MI. That option can be advantageous if you only plan to be […]
USDA Rural Development Loans MN : Zero Down, 100% Financing USDA Home Loan from USDA Rural Development. USDA Home Loan The USDA Home Loan is a popular option for home buyers desiring 100% Financing. USDA Rural Development assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and […]
It can be difficult to navigate the myriad of home loan options available today. Especially when different Mortgage Companies offer different mortgage programs. We just added a ‘How Much House Can I Afford Worksheet’ to our guide to help home buyers explore their home financing options. They can compare their personal budget versus Conventional, FHA, VA […]
