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Updated about 12 years ago on . Most recent reply

Ty Wesley's profile image
Ty Wesley's profile image
Ty Wesley
  • from Philadelphia , PA
  • Member since Sep 5, 2010
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80
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1
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Ty Wesley's profile image
Ty Wesley's profile image
Ty Wesley
  • from Philadelphia , PA
  • Member since Sep 5, 2010
Connect
Ty Wesley
  • Philadelphia , PA
1
Votes |
80
Posts
Private Lending & Conventional Mortgage Advice

Homeowners Insurance on a condo??

Ty Wesley
  • Philadelphia , PA
Posted

Whenever I'm putting numbers into a mortgage calcualtor, it asks you to put in homeowners insurance costs per year.

Right now I'm looking to buy a townhouse that belongs to an HOA like a condo would. (I'm a first time buyer)

Will homeowners insurance HAVE to be integrated into my mortgage payment every month??
Also will I HAVE to get PMI on my mortgage??

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