#mortgage-insurance
Every Field Note tagged #mortgage-insurance. 11 posts.
← Back to all Field NotesWeek 2 – FHA Rates & MI
Week 2 – FHA Rates & MI As we move another week into the series comparing loan programs, we continue to explore the Pros and Cons of FHA. This week, in this video, i talk a little bit about the…
The Skinny on Mortgage Insurance
The Skinny on Mortgage Insurance Did you know that any time you put less than 20% down, loans will carry some form of Mortgage Insurance? This is true for all loans except for VA Loan products…
The Mortgage Insurance Killer
Remember the good-old-days of using a second loan to eliminate mortgage insurance? If you have sought out home financing for a purchase or refinance within the last seven years you may not. That’s…
The Most Important Mortgage Planning Question
Ok, obviously you want to get the best rate, lowest costs, and right loan term on your new loan. But are most loan hacks forgetting to ask the most important most important mortgage planning…
Breaking News! Private Mortgage Insurance Has Been Effectively Eliminated
There are many phrases in life that when uttered immediately evoke a fearful response. Phrases like “last call”, “consult your doctor”, “I need to talk to you”, and “you’re the father”. “Private…
HUD Mortgage Insurance Reductions
HUD mortgage insurance reductions will be rolling out this fall and as a person who currently has an FHA loan and pays a hefty MI premium every month I know I’m interested to see if I qualify for…
Short Sale? Right Now Just Might be the Right Time!
Short Sales, they happen. And if they happened to you in the last few years this post is for you. On Aug 15th the seasoning requirement will go from a 24 month period in some cases to a mandatory…
Financing up to 90% Loan-to-Value – NO Mortgage Insurance
The GreenHouse Group is excited to announce we now offer conventional financing up to 90% LTV with no Private Mortgage Insurance. The loan structure is a 1st & 2nd combo using our available…
No MI?! LPMI don’t know what you’re talking about…
For most of you LPMI or BPMI is just one more cluster of capital letters in a sea of acronyms. However, if you are looking into a refinance or purchase, odds are you’ve asked about it. Mortgage…
Necessary Evil No Longer – Eliminating Mortgage Insurance
Since the reduction in loan-to-value limits eliminated 2nd mortgages for home buyers with less than 20% down mortgage insurance has been a necessary evil for anyone looking to finance more than…
When Does My Mortgage Insurance Cancel?
One by-product of the banking crises and subsequent mortgage meltdown that started in 2007 was the elimination of second lien financing for loan-to-values exceeding 80%. This meant the return of…
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