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FHA loans
Eliminate Mortgage Insurance Faster and Save
Private Mortgage Insurance (PMI) is often thought of as a “necessary evil.” It protects the lender and helps you purchase your home, but, it’s an added monthly expense that you will likely be anxious to get rid of as soon as possible. So, how do you eliminate monthly mortgage insurance? Below are some options to consider.
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FHA vs Conventional – Choosing Which Loan Is Best for You
From location, to budgeting, to the right floor plan, there is a lot to consider when searching for the perfect home. In addition to choosing the home features that matter most, you are also faced with decisions about home financing.
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Bank vs Broker: What’s the Difference in Mortgage Services?
“Should I work with a bank or a broker?” This is a question often asked by home buyers as they evaluate options for a mortgage service provider who will best suit their needs. Recent news has only done more to shine a bright light on how the lines between mortgage services, traditional banking (such as checking and savings accounts), and higher level investments are blurred. Consumers today have choices that come with greater complexity and consequence than in years past.
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2015 Policy Changes Benefit First-Time Homebuyers
Recent policy changes from FHA, Fannie Mae and Freddie Mac are intended to make homeownership a more attainable goal for first-time homebuyers. What are the changes and what difference will they make? For those planning to enter the housing market for the first time, the right opportunity may come sooner than expected due to more favorable guidelines and lower costs.
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