Home insurance vs. mortgage insurance
How does home insurance work with a mortgage? You may be confused with all the financial jargon that lenders tell you, so allow us to help you simplify the terms.…
How to reduce monthly mortgage without refinancing
Do you want to lower your monthly house mortgage but are wary of applying for a refinancing loan? Admittedly, not a lot of people want to refinance. But did you…
How to cancel FHA MIP or conventional PMI mortgage insurance
What is FHA MIP? FHA MIP, or mortgage insurance premium, is a type of insurance policy that protects the lender if the borrower defaults on the loan. This insurance allows…
Should We Refinance To Get Rid of Private Mortgage Insurance (PMI)?
Question: Should we refinance to get rid of mortgage insurance? We bought a home in an area where home prices are exploding. Our equity grows almost daily. Our lender says we…
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…