Tag: PMI

Posted on 10/21/2024
The Major Benefits & Drawbacks to VA Loans
If you're a veteran, a VA loan might seem like the perfect option for financing a home. However, there are some important differences between VA and conventional loans which could affect your decision. Here are some of the major pros and cons of VA loans to help you make the best financial choice: VA Loan Pros No Down...
Funding Fee
Homebuyer
+ 7 more
Read More
Posted on 01/05/2020
PMI and Down Payments
Image by Charles 🇵🇭 from Unsplash Part of buying a home is researching the market and your finances. Most lenders require you to put at least 20 percent down or pay private mortgage insurance (PMI). Since PMI is a cost that does not lower your interest rate or principal, it’s almost always better to save up that hefty...
PMI
Mortgage
+ 1 more
Read More