What Is Private Mortgage Insurance (PMI), and How Can You Avoid It?
PMI: What Every Homebuyer Should Know Buying a home is exciting, but there’s one extra cost that surprises many first-time buyers: Private Mortgage Insurance (PMI). If you’re planning to put less than 20% down on a conventional loan, PMI is almost guaranteed to be part of the picture. Here’s the truth—PMI doesn’t protect you as the homeowner. It protects the lender in case you stop making payments. But understanding how it works, how much it costs, and how to get rid of it as quickly as possib
PMI: What Every Homebuyer Should KnowBuying a home is exciting, but there’s one extra cost that surprises many first-time buyers: Private Mortgage Insurance (PMI). If you’re planning to put less than 20% down on a conventional loan, PMI is almost guaranteed to be part of the picture.Here’s the truth—PMI doesn’t protect you as the homeowner. It prot...
Next (9)
Listing Agreement: What Sellers Need to Know
Listing Agreement: What Sellers Need to Know
How to Buy Abandoned Property: Legal Steps and Tips
How to Buy Abandoned Property: Legal Steps and Tips
Getting a Mortgage While Living Abroad: What You Need to Know
Getting a Mortgage While Living Abroad: What You Need to Know
FHA Gift Funds: Rules and Guidelines You Need to Know
FHA Gift Funds: Rules and Guidelines You Need to Know
What to Bring to Closing: A Complete Checklist for Buyers & Sellers
What to Bring to Closing: A Complete Checklist for Buyers & Sellers
Using a HELOC for a Down Payment: Pros, Cons, and Alternatives
A HELOC allows you to fully control how you get cash and is a temporary line of credit against the equity in your home. It is a fine option, although it may not be the best for every homeowner wishing to withdraw on their equity line. In case you’re wondering, “Can I use HELOC for down payment?” then yes, While HELOCs can be used for down payments, such an option may not always be considered ideal for the homeowner. Get A Free Mortgage Quote Getting to better understand HELOCs by weighing
The Biggest Potential Problem with an Escalation Clause Is That It… [Explained]
The Biggest Potential Problem with an Escalation Clause Is That It… [Explained]
Remote Closing on a House: How It Works and What to Expect
Remote Closing on a House: How It Works and What to Expect
Getting a Mortgage Without 2 Years of Work History: Is It Possible?
Getting a Mortgage Without 2 Years of Work History: Is It Possible?
When Is the Best Time to Install Solar Panels? Seasonal and Financial Factors
When Is the Best Time to Install Solar Panels? Seasonal and Financial Factors
Solar Lease: How It Works and Is It Worth It?
Solar Lease: How It Works and Is It Worth It?
How Much Power Does a House Use? Average Energy Consumption Explained
How Much Power Does a House Use? Average Energy Consumption Explained
How Many Solar Panels Can Power a House? Factors to Consider
How Many Solar Panels Can Power a House? Factors to Consider
How Many Batteries to Power a House? Backup and Off-Grid Solutions
How Many Batteries to Power a House? Backup and Off-Grid Solutions
Court & Criminal Records
How Long Does a Misdemeanor Stay on Your Record?
Even though a misdemeanor is a minor violation, it is still considered a criminal offense and will appear on a person's record.
Background Search Basics
How Long Do Background Checks Take?
Discover how long a background check typically takes and what you can expect during the process.
Background Search Basics
What Do Employers Look for in a Background Check?
Know what employers look for in a background check so you can be prepared.
Relationships
Find Hidden Social Media Profiles
Put on your sleuthing cap and deploy these 5 tried-and-true tricks to uncover hidden social media profiles.
Safety
Defeat Porch Pirates: Tips for Avoiding Package Theft
Package thieves get bolder and smarter every day. Here's how you can outwit them and stop them from stealing your package.
