Tag Archive for: MI

3% Down With No PMI Requirements

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Private Mortgage Insurance, often abbreviated as PMI, is a type of insurance that lenders require from homebuyers who make a down payment that's less than 20% of the home's purchase price. But what is PMI on a mortgage?Read More

Avoid PMI with JVM’s “Zero MI” Programs

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Avoid PMI with JVM’s "Zero MI" Program - an appealing loan alternative that can help you avoid PMI when putting less than 20% down.Read More

“Private” Mortgage Insurance vs. FHA Mortgage Insurance – Huge Difference!

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I recently blogged about three options to eliminate Private Mortgage Insurance (PMI), and I received several notes asking why I did not mention FHA Mortgage Insurance. By the way, I […]Read More

How To Estimate PMI (Private Mortgage Insurance)

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An agent asked for this blog in December, and I am finally getting to it but should have done so much sooner because it was a great request! As an […]Read More

Private Mortgage Insurance (PMI) – When & Why It Is Pretty Awesome

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Private Mortgage Insurance (PMI) earned an unjustified bad rap back in the 1990s. Investopedia, in fact, lists “six reasons to avoid PMI,” including: (1) Cost; (2) No Longer Tax Deductible; […]Read More

Study Shows Mortgage Insurance Lessens Difficulty In Obtaining Down Payment

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California’s increasingly competitive market has made property prices soar. With the high price tag associated with California real estate, many homebuyers are increasingly concerned about how they will afford a down payment on a home.Read More

52% of Homebuyers In California & Nationwide Have Down Payments Less Than 20%

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FHA loans are an excellent option for California homebuyers who are in the market to purchase a property but are lacking the funds for a 20% down payment.Read More

First-Time Homebuyers Should Consider FHA Loans in California

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Federal Housing Administration (FHA) loans are an excellent option for California first-time homebuyers looking to buy in the competitive California market. FHA loans in California have low down-payment financing options with flexible underwriting guidelines that are great for homebuyers with liquidity or credit issues.Read More