Do You Need Private Mortgage Insurance?

Do You Need Private Mortgage Insurance?

  • Buying A Luxury Home

    Buying a luxury home can be a very exhilarating experience, but it can also be a terrible experience. The type of experience that you have shopping for and buying a luxury home is going to depend a lot on how you go about shopping for and buying your home. There are a few things that you can do that will make the process go by much more smoothly. Here are a few tips for when you are looking at luxury homes for sale.

  • Veterans: Is It Worth Getting A VA Mortgage?

    If you are a veteran or active service military member, you are eligible for a type of mortgage known as a VA mortgage. Basically, this is a mortgage that is issued by a private bank, but backed by the Veterans Association. But just because you're eligible for a VA mortgage does not necessarily mean it's the best choice for you. Some buyers are better off going with a conventional mortgage. Here's a look at the pros and cons of taking out a VA mortgage.

  • Three Ways To Expand Your Small Landscaping Business

    If you're running a small landscaping business, and are looking to expand and grow your company, then you have probably been brainstorming. It can be difficult to figure out how to move your business from a small operation where you most likely micromanage everything, to one where you delegate tasks, or tackle large projects that you might not normally be accustomed to doing. So, with that said, here are a few things you might consider doing.

  • Investing In Rentals? Three Things To Consider

    Investing in rental properties is a great way to generate income. Whether it's a stand alone home or an apartment building, rental properties can be a great investment in many areas across the country. While rental properties can be a great way to make money, purchasing these investment properties can be different than purchasing a residential property. Investment properties also have expenses that residential homes do not. Before investing in rental properties here are a few things that investors should consider.

  • 4 Tips For Checking Small Details About An Apartment You Are Thinking About Renting

    If you're planning on renting an apartment, you may wonder how you can get a better picture of the residence before you move in. If so, use the following four tips for checking small details about an apartment you are thinking about renting. Schedule Your Tour On A Rainy Day If possible, make an appointment to tour the apartment and the surrounding complex on a rainy day. Doing this gives you an idea about the drainage in the parking lot, especially the places near the unit in which you are interested.

  • 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.