AmeriMac

MARCH 1, 2024

Getting a mortgage for a home purchase is exciting but comes with financial responsibilities. Private mortgage insurance (PMI) is often required when the down payment is less than 20% of the purchase price. PMI adds to your monthly payment and delays homeownership. annually, depending on credit score.

Appraisal 36

Appraisal Insurance Appraisal Process Mortgage 36

Movoto

FEBRUARY 23, 2024

A decisive majority of home buyers ( about 80% ) rely on one of a few types of home loans available to purchase a home. Each has unique benefits, though not all types of mortgage loans apply (or are accessible) for every home sale. Conforming Loans Conventional loans come in two flavors: conforming and nonconforming.

Construction 28

Construction Insurance Lending Buyers 28

Quicken Loans

JUNE 21, 2021

Many programs, from education reimbursement to disability compensation, employment services and life insurance are available to active and former members of the armed forces. Another benefit of military service is home loan assistance in the form of the VA loan. The Difference Between FHA And VA Loans.

Insurance 36

Insurance Government Mortgage Development 36

Quicken Loans

SEPTEMBER 10, 2021

As in many areas of life, people often prefer certainty when it comes to their mortgage payment. For this reason, the idea of going with an adjustable-rate mortgage (ARM) is often dismissed out of hand. However, there are certainly reasons to consider it, particularly if you’re refinancing to save money. What Is An ARM?

Mortgage 36

Mortgage Finance Property Taxes Insurance 36