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 Long Does PMI Last on FHA loans?
Buying a Home
Getting pre-approved before you shop for a home is the best thing you can do to boost your chances of winning the bid. Would a conditional approval be better, though? They sound the same, but are … Continue about How is Conditional Approval Different From Pre-approval?
If you have bad credit, it doesn’t have to keep you from buying a home. Many lenders offer programs for people just like you. With the following steps, you can make the American Dream of owning a home … Continue about Can You Buy a House with Bad Credit?