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Just got my MIP remove saving me $500 a month with a 3.6 apr
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When buying your first home if you put a down payment below 20% down is it possible to pay the PMI in a lump sum as compared to paying it monthly until you reach 20% equity? And are there programs that will allow for ...
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Hello BP, I am getting ever closer to house hacking my first small multi on an FHA loan and have a quick question - We plan on buying with an FHA 3.5% loan, 30 year. I know this comes with two mortgage insurance premi...
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Hi, I have bought a house with less than 10% down and got mortgage insurance. If the official valuation goes up and I essentially have at least 20% equity in my home, can I get my loan provider to cancel the mortgage ...
Since I can get a better interest rate on my primary residence, it’s cost effective to max out the loan on my primary house and pay off loans on rentals but only if I can still deduct the interest as an expense for th...
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Hello,I’m looking for good contacts I.e. asset managers at PMI companies. Please reach out if you are one or can introduce me to one. Thank you
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Hi, in Canada, if you don't put 20% down payment on the purchase of primary residence, there is a mandatory insurance (CMHC).My question is, should I put 20% down to avoid the insurance cost, or just put 5% down and ...
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We are owner financing the sale of one of our rental properties. We would like to require the buyer to have mortgage insurance. Any recommendations or referrals to companies that offer such a product?
I'd like to purchase a multi family place, live in one of the units, and put less than the conventional 25% as a down payment using an FHA mortgage.I know this would require an extra 0.85% on my interest rate as MIP, ...