The dreaded PMI (Private Mortgage Insurance) is required by lenders to borrowers who do not have at least 20% of the purchase price as a down payment. Depending on your loan balance, this PMI payment can range from an extra $50 to $300 in addition to your mortgage payment. Yikes!
Have you ever heard of “Lender [...]

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If you have missed some payments on your mortgage and are now risking a default on your loan, the government has come up with two possible plans to help. One of these is called Mortgage Loan Modification!
Here are the current qualifications expected to pass congress:
• Your primary mortgage (1st mortgage) must be less that $729,500
• [...]

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So you have a mortgage on your home or planning to get one? Here’s something to consider if you want to reduce your interest payment and save on thousands of dollars. Consider going in for a bi-weekly mortgage payment plan.
So, what is a bi-weekly mortgage payment plan? The difference in this type of mortgage plan [...]

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