What is PMI? How will it help me buy a house? When you want to buy a home, but a large down payment isn’t in the budget, are your dreams dashed? Or are there options that will allow you to enjoy all the benefits that come with owning your own home. Mortgage lending...
Although mortgage rules are relaxed enough so that lending requirements allow many to purchase without that standard 20% down payment, one cost of these allowances is Private Mortgage Insurance. We mentioned this insurance premium in the previous article about loan...
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