1. What Is Private Mortgage Insurance (PMI)?

    When it comes to buying a home, whether it is your first time or your fifth, it is always important to know all the facts. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can never have too much information about Private Mo…Read More

  2. What’s in a mortgage payment?

    When you buy a home, the most tangible and recurring cost you’ll encounter is your monthly mortgage payment. But many homebuyers don’t know what’s actually included in it. You might be thinking it's just about the loan itself, but there’s more to it than that. There are really four compon…Read More

  3. How to Drop Private Mortgage Insurance (PMI)

    Private mortgage insurance protects your lender in case you default on your home loan -- and you have the privilege of paying for that protection. Your lender will typically require you to buy private mortgage insurance if you purchase a home with less than 20% down, or if you refinance a home and t…Read More