Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about pmi: | |||||||||||||||||||||||
Pros and Cons: Mortgage Insurance Versus Higher Rate
December 6, 1999 "We have a 5 percent down payment and our lender has offered us a Tax Advantage Mortgage Insurance plan instead of conventional private mortgage insurance (PMI). Instead of paying a mortgage insurance ... more... Tutorial on Selecting Mortgage Features Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for. 1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more... |
|||||||||||||||||||||||
pmi related definitions |
|||||||||||||||||||||||
Private Mortgage Insurance, PMI
Private Mortgage Insurance, PMI Loans with an LTV over 80% may require Private Mortgage Insurance (in some cases 75% or 70% when refinancing). If you do not have a 20 percent down payment, lenders will allow a smaller down payment. With the smaller down payment loans, however ... more... Closing Costs Closing Costs Expenses incurred by the buyer and seller in a real estate or mortgage transaction. There are two types of costs: recurring and non recurring. Non-recurring costs are one time transactional costs ... more... |
|||||||||||||||||||||||
More about pmi Save Money on Your Mortgage Loan How to Get Cheap Home Loans with a Bad Credit Home Mortgage and Financing Terms Home Mortgage Refinancing - Things to Consider When Looking to Get Cash Out on a Refinance Set Aside Foreclosure and Decree and Motion for New Trial Zero Down Home Financing - No Money Down Mortgage Loans Subprime Mortgage Lenders - Differences Between Subprime and Other Lenders MCSE 70-290 Certification Primer Closing Costs When Buying A Home 1st and 2nd Mortgage Refinance Loan - Why Refinance Both Mortgages?
|
|
||||||||||||||||||||||
|