If your down payment on a home is less than 20%, or if you refinance a mortgage with less than 20% equity, you will be required to pay Private Mortgage Insurance by your lender. What is PMI? Also known as PMI, this insurance policy protects the lender from losing their investment should you end up […]
We love helping clients find their dream homes, but we never want them to fall into the trap of buying more than they can actually afford. While lending standards are designed to protect you (and the bank’s investment), many people qualify for a mortgage that is really more monthly expense than they can handle. When […]
Buying a home is an exciting time! Interest rates remain at historic lows, and the market has recovered nicely – making it a great time to purchase a home. The process is exhilarating and exhausting all at the same time. There are emotional highs and lows as you search for houses, go through the offer […]
