Articles
How does PMI (Private Mortgage Insurance) work?
PMI is insurance that protects a lender against default and is required in circumstances in which the Loan to Value ratio exceeds 80%. Read More »
Credit Scoring
Your credit score is one of the most important pieces of information used in the mortgage qualification process. Credit scoring models for mortgages are more strict than other types of consumer credit. Read More »
Common Buyer Mistakes
Buying a home is a big investment and is very complicated. Learn from other people's mistakes with this handy list of things to avoid. Read More »
"No Closing Cost" Refinancing
There are ways to build the costs associated with refinancing into the loan. On purchases, borrowers can ask the seller to pay closing costs, but how does it work on refinances? Read More »
Canceling Mortgage Insurance (MI)
As the Loan to Value ratio changes over time it may be possible to have the PMI removed from your monthly payment. Read More »
Credit Repair
It is sometimes possible for blemishes on credit reports to be cleared-up or account balances changed in order to improve your credit rating. Read More »
The Importance of Title Insurance
Once you have the title to real estate in your name, title insurance protects you from financial loss associated to any defects in that title. Read More »
