Mortgages

Nine Things To Know About Private Mortgage Insurance

March 6, 2019/in Mortgages /by New Card Options

Private mortgage insurance, called PMI, is a way for buyers to qualify for the home of their dreams even if they don’t have enough cash for the full down payment. However, there are financial ramifications associated with paying PMI, so it’s important to understand what you’re getting in to. Image via Flickr/Sila Tiptanatoranin Continue to […]

FHA Loans Explained

March 6, 2019/in Mortgages /by New Card Options

An FHA loan is a loan backed by the federal government – specifically, the Federal Housing Administration – and it can be an attractive option for first-time homebuyers. Learn the ins and outs of this mortgage loan instrument to see if it might be right for you. Image via Flickr/Roy Robbins Continue to original source.

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