Tag Archives: Mortgage Insurance

You Ask, We Answer: What Are the Pros and Cons of Private Mortgage Insurance?

It's easy to get Private Mortgage Insurance (PMI) confused with homeowners' insurance, but PMI is an entirely different thing that may or may not be necessary when it comes to your home purchase. If you're going to be investing in a home in the near future and are wondering what PMI may mean for you, here are some things to consider regarding this type of insurance.

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FHA Mortgage Insurance Premiums Are Going Down: Here’s What You Need to Know

With the announcement by the Department of Housing and Urban Development that the Federal Housing Administration (FHA) is set to reduce its rates, it's an exciting time for many homeowners who are preparing to buy. If you're shopping around for a home and are wondering how these changes to premiums may benefit you, here are some of the ins and outs of what this announcement means.

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Leveraging LPMI: The Pros and Cons of Lender-Paid Mortgage Insurance

If you've heard the term Lender-Paid Mortgage Insurance (LPMI), this is when the mortgage lender pays off mortgage insurance on behalf of the homeowner. While this kind of insurance can be beneficial for some homeowners, here are some of the basics on LPMI so you can determine whether or not it will work for you.

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3 Reasons Why the Cost of Title Insurance is Worth the Investment

Title insurance protects the owner of a home from any claim made against their property, whether or not they are responsible. These include unpaid mortgage balances on the home, an improper foreclosure or any form of real estate fraud perpetrated by the seller.

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Understanding Mortgage Insurance and the Difference Between FHA, VA and USDA Mortgages

Are you thinking about using mortgage financing to buy a new home? If so, you've likely heard about mortgage insurance policies requirements and you may be wondering how they will affect you. In today's blog post we'll explore mortgage insurance and explain the difference between conventional, FHA, VA and USDA mortgage insurance policies.

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