Category Archives: Mortgage

How Private Mortgage Insurance Works For First Time Home Buyers

Dear First time home buyers, if you have less than 20% for your down payment, or if you have less than 20% equity when refinancing, you’ll probably be required to pay PMI as a fee that gets added to your … Continue reading

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First Time buyers have no clue about downpayment

It seems the mortgage industry has some work to do to help first-time buyers better understand the home buying process. A survey of mortgage professionals by mortgage insurer Genworth found that 39% believe that growth of first-time buyer demand is … Continue reading

Posted in Down payment assistance, First time home buyers, Mortgage | Leave a comment