Mortgage insurance: What is it, why you need it, and how much it costs
February 14, 2020
PMI (mortgage insurance) is usually required if you put less than 20% down. Learn how much PMI is, why you need it, and how mortgage insurance benefits you.
34 found for mortgage insurance:
PMI Mortgage Insurance: You Can Pay Less
June 13, 2017
PMI mortgage insurance is a necessary evil if you buy or refinance more than 80 percent of your property value. But there are are things you can do to reduce what you pay.
FHA cash-out refinance guidelines and mortgage rates for 2020
September 3, 2020
The FHA cash out refinance is available to more homeowners thanks to lenient guidelines. Pay off debt, or get cash for any reason with this program.
Who has the best mortgage rates? 24 top lenders, ranked
May 19, 2020
The top 24 lenders ranked for the lowest mortgage rates and fees. Plus, tips on how to find the best mortgage rate for your unique situation.
Should you refinance your mortgage right now?
February 25, 2020
When is the right time to refinance your home? There are three smart and easy strategies you can use to know when a refinance it worth it and when it’s not.
Guide to mortgage closing costs: Average closing costs and how to keep yours low
January 10, 2020
Mortgage closing costs are a big part of buying or refinancing a home. Here are the average closing costs for each type, and what you can do to pay as little as possible.
Mortgage closing: Why does my lender want so much escrow money?
April 6, 2019
At a mortgage closing, you typically pay mortgage costs and escrow
PMI mistakes to avoid: How to pay less for mortgage insurance
February 17, 2019
It is difficult to avoid mortgage insurance if you buy a home with less than 20 percent down. But it’s possible. There are also many ways to pay less for mortgage insurance, and we’re going to show you how.
What credit score do you need for a mortgage? Complete guide to credit for mortgages
December 27, 2018
What minimum credit score do you need for a mortgage? The answer is 500 but not everyone will qualify. What to do when your FICO is lower than you hoped.
What is mortgage insurance?
March 14, 2018
Mortgage insurance may be a necessary evil, but it has more benefits than you know. Here’s how to use mortgage insurance, and how to get rid of it.
Do homeowners need mortgage life insurance?
February 3, 2018
Mortgage life insurance: Should you accept that offer? Once you buy a home, expect offers to purchase mortgage life insurance. Yes folks, step right up, sign on the dotted line, […]
5 Mortgage Calculator Features You Are Not Using, But Should
August 28, 2017
A mortgage calculator should let you determine much more than a monthly payment. Look at all affordability factors with these little-known features.
Flood Insurance: Should You Buy It Even If Your Lender Doesn’t Make You?
November 21, 2016
Flood insurance may be required by your mortgage lender. Even if not required, it might be a good idea.
How Do I Avoid Paying Mortgage Insurance On My Mortgage?
October 30, 2016
Frightened about mortgage insurance? Don’t be. In most cases, paying MI is temporary and, in others, a well-timed refinance can erase it completely.
Cancel FHA MIP As Home Values Rise & Mortgage Rates Drop
October 24, 2016
Home values are heating up, giving FHA homeowners across the country enough equity to cancel their FHA mortgage insurance forever.