When you get an FHA loan you are required to pay mortgage insurance. There is an up-front mortgage insurance premium (UFMIP) and a monthly mortgage insurance (MIP) too. Today, we're…
Conventional is great for those with a 20% down payment but what about First Time Home Buyers who don’t have 20% to put down? Here are 3 Conventional loan programs…
FHA is a great home loan program to help those looking to buy a home with little to no money down. But it’s gotten a bad rap, especially compared to…
FHA home loans have two types of mortgage insurance - up-front mortgage insurance premium (UFMIP) and monthly mortgage insurance (MIP). I've covered FHA monthly MIP in another post so the…
You want to get the lowest mortgage interest rate.Of course you do. Who doesn't!?I can help you do that.But what you might come to realize is that the interest rate…
Have you ever read the book The Go-Giver? If not, check it out. The premise of the book is to give and by giving you shall receive. Jim Rohn has…
20 Percent...the magic number for mortgages, right? Well, I am here to tell you that 20% down payment is not always best. Sometimes putting down less money can be better…
Calculating an accurate mortgage payment can be quite difficult. There are hundreds, if not thousands, of mortgage calculators found online. Unfortunately, most of them are either too simple or make…
Every year like clockwork (around Mar - June) I start to get phone calls and emails asking the question, "Why is my fixed mortgage payment going up?!" Maybe you are…
Have you heard that FHA has life of loan mortgage insurance? Would you like to know the FHA mortgage insurance requirements which don't always require the mortgage insurance to be…
