Posts Tagged ‘buying a home’
How To Calculate Private Mortgage Insurance? Private Mortgage insurance is the payment that is made along with the mortgage payments when the mortgage is greater than 80% of the property value. So, PMI serves as insurance to the lender when you default on your payments.
Buying Real Estate When you have decided that it is time to buy a home, the excitement and wonder can soon wear off as you realize just how much there is to do during the process. That dream home deal could fall flat on it’s face. This article will try to give you some tips [...]
Homeowner Insurance You can greatly reduce the rate of homeowner insurance with a few easy steps. We all know homeowner’s insurance can be a great expense but you can minimize this. In this article we will outline several ways to reduce your home owner insurance rate.
Calculate Private Mortgage Insurance When you purchase a home it is one of the most important and stressful experiences of your life. Usually this includes the fact, you will have to calculate private mortgage insurance, one of several extra expenses. Unless you as a buyer, has a lot of cash at the ready, you [...]
PMI Basics It is now almost impossible to avoid buying private mortgage insurance.Lenders have a need for it as a requirement for a mortgage loan.PMI was initially created to allow homeowners an easier way to purchase a house. Basically,Private Mortgage Insurance ensures the interest of the lender, when the borrower does not pay the money [...]