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Hi All,
Ive recently bough my first home in the state of florida. I purchased the property with an FHA loan at 5.25% rate but plan to refinance once rates drop (if they ever drop lol). I keep receiving mails from in...
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I thought there would be more talk about insurance companies refusing to insure 100% mortgages. Anyone else hear this?
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Can someone explain to me how to figure out the annual insurance cost for the BP mortgage calculator
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Does anyone here use NREIG for insurance and if you do. Do you have mortgages? I am looking into them, but I don’t think this would work for me with a conventional lIan. Just looking to see what others who have NREIG ...
My current mortgage absorbs property tax and insurance information from one payment - then pays the appropriate parties on my behalf. While looking into refinancing, i have noticed these quotes do not take that into ...
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I purchased a house 2 years ago with 3% down. The mortgage comes with a hefty PMI per month, and the original lender had sold the mortgage to Dovenmuehle as soon as my house was closed. Since I have been paying extra ...
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Hi everyone, some basic questions as I try and learn some of the basics. I read or possibly heard on a PodCast that if you can do a FHA with minimum down you can then then have more money to use on additional investm...
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Hi Everyone,
I'm having troubles with finding an accurate number for calculating the mortgage insurance on a property. I've heard several numbers being thrown around such as... ~$70-$100 for every 100k of the home's ...
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When lender says, "For FHA loans, there's a 1.75% upfront MI (usually added to loan amount) and 0.85% monthly MI" What does that mean???For example, if the property is worth $559k, $200k down, and $359k loan would fol...
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So, I got a P&L from the seller and I calculated the numbers below, what intrigues me is the Mortgage Insurance is so high, the area is in a flood zone but is this typical for home insurance to be this high?Update...