29 Jun 2022 PMI: What is it? Do I Need it? How to determine which type of PMI is best for you In today’s market, saving for a 20% down payment can mean putting your home buying dreams on hold. Fortunately, there’s an option for buyers to put down less than 20% by utilizing private mortgage insurance, also known as PMI. What is Private Mortgage Insurance? […] Share on Facebook Share on Twitter
12 Apr 2022 LTV Explained: What is “Loan to Value” for a M... When going through the lending process, you’ll encounter a lot of different terminology that can be confusing – particularly if it’s your first time applying for a mortgage. One of these terms is the loan to value (LTV) ratio. In addition to factors like your credit score, income, and general financial standing, LTV is one […] Share on Facebook Share on Twitter
20 May 2021 What is PMI and Do I Need It? Check out our brief educational video on mortgage PMI. Did you know there are two different kinds of PMI? Borrower paid and lender paid! Learn about it in this short video below. Private mortgage insurance, also known as PMI, is generally required when you purchase a home with less than 20 percent down. The extra […] Share on Facebook Share on Twitter
