Discover how the Homeowners Protection Act helps you cancel unnecessary PMI. Save money by understanding your mortgage insurance rights and equity requirements.
If you got your FHA loan after the year 2000, you may be able to cancel your FHA mortgage insurance. If you got your loan before 2000, you’ll continue to pay the premiums in most cases. If your loan ...
Private mortgage insurance, or PMI, can help you buy a home faster with less than 20% down. PMI cost depends on your credit rating, loan type and down payment size. PMI can often be avoided when it ...
Discover how mortgage life insurance can protect your home, its benefits for families, and essential considerations when ...
Let’s start off the new year with a money saving tip, especially for low-down payment, first-time owners who bought a home more than two years ago. If you bought your home using conventional financing ...
A homebuyer might pay private mortgage insurance depending on the size of their down payment. PMI differs from mortgage insurance a borrower would pay if they use an FHA loan. Buying or selling a home ...
Normally when someone has a low mortgage rate, they don’t refinance into a higher one ...
The real estate industry has a trade-off between consumers and lenders. Consumers can get a mortgage with a small down payment, but lenders are then protected with buyer-paid mortgage insurance that ...
It’s getting harder than ever to save for a down payment on a new home, with the latest data showing that 81% of aspiring homeowners in the U.S. say that down payment and closing costs are an obstacle ...
Your down payment and credit score may determine which loan is your most cost-effective option Written By Written by Contributor, Buy Side Amy Fontinelle is a contributor to Buy Side and an expert on ...