If you opt for government-backed financing, such as the FHA loan, you are going to pay mortgage insurance. It’s not the same insurance you pay on a conventional loan, though. The mortgage insurance you pay on an FHA loan is for the life of the loan.Compare Offers from Several Mortgage … Continue about How to Avoid Paying PMI With an FHA Loan
Buying a Home
When you buy a home, it’s often a good idea to include some contingencies in the purchase contract. These contingencies protect you should something go wrong after you sign the contract. They give you … Continue about Should you Include an Appraisal Contingency Clause in Your Purchase Offer?
When you apply for a mortgage, you’ll likely hear the lender throw around a couple of different words including appraisal and inspection. They sound like they could be one in the same, right? Wouldn’t … Continue about How a Home Inspection Differs from an Appraisal