Posts Tagged ‘DPA’
How To Get Rid of PMI (Mortgage Insurance)
How To Get Rid of PMI When buying a home with less than 20% down, home owners run into PMI, or private mortgage insurance. While mortgage insurance can be paid in various ways, from a split premium to “lender paid” (lender paid PMI results in a higher interest rate), the most common form of…
Read MoreHow Down Payment Assistance Mortgage Programs Help Buyers In Expensive Markets
With home prices on the rise since the market crash of 2010, many markets have put home ownership seemingly out of reach for would be home buyers. While home prices in many markets have risen 5-10% in recent years, income increases have, in general, not kept up. In fact, most incomes have only climbed 2-3%…
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