Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • 4 Must-Have Features For Your First Senior Living Apartment

    If you've made the decision to move into senior-only housing, there are a lot of questions you may have about the features and what to expect. Senior living apartment buildings and units often have many features designed to make daily life easy for seniors. Even so, there may be specific features you hope to find when it comes to your own home.  Consider the following features and how they can make an apartment an excellent living arrangement as you get older.

  • What To Look For When Investing In Real Estate

    Investing money in real estate is a common event, but many people invest in real estate differently. Regardless of the types of properties you purchase, you'll need to know what to look for in the real estate you buy. You can begin by hiring a real estate agent for help. Then, you can start looking for the following qualities in the properties you buy. Purpose of the properties First, consider the purpose of the properties.

  • 3 Reasons Buying a Townhome Is Ideal for a Young Family

    If you're a young family looking for a place to call home, you might want to consider a townhome instead of a single-family home. When you're just beginning to grow your family, a townhome can give you the ability to be a homeowner without the high cost associated with single-family homes. Along with a lower price, a townhome can offer you various benefits, making them an excellent option for a young family.

  • Benefits Of Buying A Mobile Home

    When you plan to buy a home, you have many options—a new house, fixer-upper, condo, etc. Each choice has its benefits, so you should think carefully and make the best choice for you and your family. One option that many people overlook is mobile homes, but they have many benefits over other options.  Here are some of the reasons why a mobile home is a good choice for a home buyer:

  • Recommendations for a Smart and Successful Home Search

    In the search to find the right home, you will need to evaluate your budget, get approved for a mortgage, and have a good understanding of what you want in a house. In addition to these details, be prepared to put your ideas into practice and start shopping for a house for sale that is going to fulfill what you want and need in a home. Here are some recommendations to help you search for and buy the right home.

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.

Tags