Design Insurance Loan Officers Renovations 
PennyMac
SEPTEMBER 9, 2020
Conventional loans, the most common mortgage type, require Private Mortgage Insurance (PMI) with a down payment of less than 20%. However your PMI can be removed (by request) once you’ve hit a 78% loan-to-value ratio in some cases. Here are four loan options that can help your down payment dollars go further.
Assurance Financial
DECEMBER 20, 2021
The cost of renovations or improvements the seller made to the house. If you sell first, you can take your time considering sales strategies and making any renovations or repairs. Bridge Loan. Another option for financing a purchase is taking out a bridge loan. The home’s gains in market value.
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Assurance Financial
NOVEMBER 28, 2023
You can also borrow strategically against your equity by taking out home equity loans — to perform renovations, say, and boost the eventual resale value of your home. How Does a Mortgage Loan Work? A mortgage loan is a type of loan that is used to purchase a property, such as a home or a piece of land.
Assurance Financial
NOVEMBER 9, 2021
In some cases, you may have to take out several loans or pay for something called private mortgage insurance (PMI). Read on to learn more about how private mortgage insurance can allow you to purchase a home, even if you don’t have enough resources to make a standard down payment. What Is Mortgage Insurance on a Home Loan?
Assurance Financial
MARCH 18, 2021
Refinancing could potentially lower your monthly payments , allow you to consolidate debt, speed up the payoff process for your mortgage, eliminate your private mortgage insurance (PMI) and put more cash in your pocket. This will help you remember how much money you spent and when you performed the renovations.
AmeriMac
MARCH 29, 2024
The reverse mortgage process typically begins with a borrower contacting a loan officer who specializes in reverse mortgages. The loan officer will assess the homeowner’s eligibility and explain the details of the loan, including the potential loan amount and repayment terms.
PennyMac
JANUARY 16, 2022
That is, until your home renovation projects start to go down the toilet (or worse, the toilet starts falling through the floor). The rise of home renovation television shows has made many homeowners eager to transform rough diamonds into neighborhood jewels. So, you’ve finally found your dream vacation house. Buying a vacation home?
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