Private mortgage insurance may not be the insurance that comes with a handfull of joy and excitement, but for some new home buyers this is type is a must. This is usually the case when a home owner is not able to make the 20% down payment, and when they make that small 3 to [Continue]

Many people have questions on the amount of down payment that must be made towards their house. This is usually the case for first time home buyers. If its your first time, you would purchase your home with a 20 percent mortgage down payment and close the cost of your home to 3 to 5 [Continue]

Research Your Mortgage Rates When shopping for a mortgage, many people fall into traps due to the fact that they are desperate and are not researching properly. You should be checking the current mortgage rates, and look into the mortgage interest rate trends for the past couple of weeks. Mortgage usually rise and fall with [Continue]

In the early 1970\’s, there was only three types of loan programs available to home buyers. There was only a fixed-rate conventional mortgage, an FHA loan or a VA loan. Now, times have definetly changed, there is an overwhelming number of mortgage loan types. These are listed below, with a brief description. Most Popular Mortgage Loans [Continue]