VA Loans in Wisconsin Illinois Minnesota and Florida: Step 4

Posted by admin! / Under Lenders Mortgage Insurance

Yesterday we discussed how the VA Funding Fee allows a lender to offer 100% financing with low, fixed rates and no monthly mortgage insurance. Today we will discuss choosing a lender that will best help you reach homeownership, Step 4. http://www.madisonmortgageguys.com/va.htm

Published on Thursday 11th of March 2010 12:53:44 AM

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Mortgage Companies Govern How Sinkhole Settlements Are To Be

Posted by admin! / Under Lenders Mortgage Insurance

Most lenders will make you use some, if not all, of the money to repair the sinkhole damage to your home, say Barfield and Bragg. I’ve heard that when the insurance company pays you for a sinkhole claim, the mortgage lender makes you repair the home with the money. Is this true? The answer is simply that it depends on your lender and its policies,

Published on Thursday 11th of March 2010 12:53:44 AM

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FHA To Borrowers: Gimme More!

Posted by admin! / Under Lenders Mortgage Insurance

The FHA has announced higher mortgage insurance premiums,stiffer downpayment standards for those with weak credit and more oversight for FHA-approved lenders. What's going on here? A few things: First, FHA reserves are falling. The insurance pr

Published on Thursday 11th of March 2010 12:53:44 AM

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Get the Home Insurance Facts

Posted by admin! / Under Lenders Mortgage Insurance

Get the Home Insurance Facts Buying a home might be the single largest investment that you'll ever make. Protecting that investment is essential—and that's where homeowners insurance com What is Home Insurance? Required by most mortgage lenders, most standard home insurance policies will provide coverage for damage to your home (and many of

Published on Thursday 11th of March 2010 12:53:44 AM

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