MIP, PMI or neither?
Which is better for first-time homebuyers reliant on mortgage insurance: MIP or PMI?
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Tag: private mortgage insurance (PMI)
The points and fees test for Section 32
Learn when a consumer-purpose mortgage falls under Section 32 limitations and disclosure rules.
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New mortgage premium structure signifies a transfer of wealth
The FHFA has altered their mortgage insurance premiums. Now, borrowers with lower credit scores and down payments will be paying less under the new structure than they did under the old.
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Property Appraisal and Mortgage Approval
The lender’s appraisal of a property on receipt of a borrower’s mortgage application, and later approval to fund
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