So, you have a mortgage with PMI, or Private Mortgage Insurance. How can you get rid of it? There are a few ways, and you find, you are actually better off paying PMI than the alternatives. In general, if you have a mortgage loan with PMI, you have to pay it until you get to [...]
A frequent question I get – what is the Jumbo Mortgage market like? Over the past year, those who qualified for loans that conformed to Fannie Mae guidelines (Conforming loans), saw very low interest rates and pretty streamlined approvals – you just needed to have documented income, a down payment of 3.5% to 20%, and [...]
