Avoid paying PMI. Opt for lender-paid mortgage insurance (LPMI).
PMI – Pay it Forward With LPMI
by Clayton Closson on August 21, 2007 in Homeowners Tips
Deducting Private Mortgage Insurance from your Taxes
by Clayton Closson on February 16, 2007 in Homeowners Tips
You may know by now that you can deduct mortgage insurance on your tax returns. But did you know that if you closed on a loan after Jan. 1, 2007, you might also be eligible to deduct private mortgage insurance?
Coming Up with a Down Payment for a New House
by Clayton Closson on October 27, 2006 in Home Buying
Think you need to save a ton of cash for a down payment on a new house? Think again. Lenders will accept smaller down payments that come from a number of sources. Find out what sources are acceptable.
Long-Term Rates Plummet, Sparks Refinance Wave
by Clayton Closson on September 26, 2006 in Mortgage Rates
The Federal Reserve kept short-term interest rates the same last week as long-term mortgage rates saw a significant drop. Homeowners have a huge opportunity to take advantage of those low long-term rates, especially homeowners who have a rate higher than 6.5 percent and those who have an adjustable mortgage that is about to adjust.
Why Do I Need to Pay Private Mortgage Insurance?
by Clayton Closson on August 18, 2006 in Market Update
What is private mortgage insurance? When and why do many home buyers and homeowners have to pay it? We'll tell you everything you need to know about PMI.
What Is a Piggyback?
by Clayton Closson on February 24, 2006 in Home Buying
We're not talking about a ride you take on your big brother's back. We're talking about a piggyback loan. They have several benefits and a few limitations. But what is it and why should you get one?
Six Tips to Get Out of Credit Card Debt
by Clayton Closson on December 30, 2005 in Market Update
2006 is almost upon us and you've racked up a significant amount of credit card debt this year. But making the payments and getting out of debt is getting harder and harder. What can you do? We've got six valuable tips for you!
Home Coverage Uncovered
by Clayton Closson on January 27, 2005 in Homeowners Tips
Understanding the different types of home coverage allows you to better protect your investment. Find out more about homeowner's insurance, home warranties, and private mortgage insurance (PMI).
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