Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • Tips To Help You In The Home Buying Process

    Buying a home is a process in which you want to make the right decisions and take the proper steps in inspection, negotiations, and calculating your budget. Here are some recommendations to help you be successful in your search, evaluation, and negotiation as you look for your next home to purchase. Arrange For a Property Consultation As you look for the right property to fit your needs, you will need to visit a house for sale to get a closer look.

  • 3 Things To Think About Before Buying A Waterfront Home On The Ocean

    Buying a waterfront home on the ocean is a dream that many people have, so it is not surprising that these types of homes are very desirable. If you are in the financial position to buy a home on the ocean, you are surely excited to look at waterfront homes for sale, but it is also essential to consider several things before you submit an offer. Since waterfront homes tend to cost more than typical single family homes, taking your time while making your purchase will help ensure that you do not make a big financial mistake.

  • Key Considerations When Evaluating A Property For Horses

    When you've finally made the leap into looking for a horse property, there are a lot of things that you need to think about. Especially if this is the first time you've ever invested in a property for horses, you need to make sure that you are prepared. Here are a few things to consider as you assess each property option. Consider The Size The lot size is always an important consideration when you buy property.

  • Questions To Ask When Buying A Small House

    Do you now have an empty nest and are looking to downsize? Or maybe you're retired and you don't want a large home to maintain? If so, you might be looking for a single-family home for sale. Here are three questions to ask yourself to help ensure you make the right purchase. What Features Of A Home Are You Looking For? Many people want a smaller house so that they pay less for fewer square feet, but don't want to lose the features of their bigger home.

  • Top Things To Look For In A Luxury Home

    Finding a property that will allow you to get the most enjoyment from it is ideal. If you have the budget for a luxury home, you may want to buy this variety. Being able to relax and enjoy your living space is the key to having a house you'll love for years to come. Knowing the top items to look for when you're in the market for a luxury property is ideal.

  • About Me

    Do You Need Private Mortgage Insurance?

    Welcome to my website. My name is Larry Silva, and I want to talk a bit about private mortgage insurance. You may have heard the term PMI mentioned when you were in the process of purchasing real estate. When I first heard my lender talking about PMI, I was very confused. It was my realtor who sat me down and explained what private mortgage insurance was and when someone is required to purchase it. He told me that PMI is not lifelong insurance; it can be cancelled when the mortgage principal balance reaches a certain point. Once it was explained to me, private mortgage insurance was no longer a mystery or a confusing concept. I would like to pass on what I learned and hope that you find it to be of value.

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