How to Get Rid of PMI on a Conventional Loan
Once you’ve gotten 22% equity in your home your PMI will go away. See how to get rid of PMI on a conventional loan without refinancing and more.
July 25, 2024 8 MIN
Once you’ve gotten 22% equity in your home your PMI will go away. See how to get rid of PMI on a conventional loan without refinancing and more.
A home appraisal can make or break a home sale or purchase. We’ll cover nine things that can hurt a home appraisal, including five that are within your control.
Non-traditional lending types exist for non-warrantable condos. Discover why inexperienced buyers are likely better off avoiding these properties.
Understand the ins and outs of HELOC repayment, from draw periods to interest payments, and how to reduce your overall debt.
This guide discusses the differences between a closed-end second mortgage (CES) and a home equity line of credit (HELOC). Learn more here.
Buying a foreclosure with a USDA loan is possible, but not easy. Increase your chances of landing an affordable home with a zero-down loan.
Getting a cash-out refinance to buy an investment property is often a good idea. Discover how to make sure the costs pencil out in your favor.
The Freddie Mac Home Possible program offers 3% down, reduced mortgage insurance and rates, and flexible income sources.
Homebuyers can receive up to $3,000 in down payment assistance with Freddie Mac BorrowSmart or BorrowSmart Access.
If you're buying a condo with an FHA loan, chances are the condo complex is not approved for FHA. A single-unit approval can help.
Learn how much you need to save for a conventional loan down payment, including 3% and 5% down payment loan options and alternative loan programs.
Conforming loans follow guidelines set by Freddie Mac & Fannie Mae. Learn about the pros and cons of conforming loans, how they differ from conventional loans, and if they are the best option for you.
FHA won't finance a property with 2 accessory dwelling units (ADUs). Learn what to consider if you encounter such a property.
When you work for a family business, you can expect to get more questions from your mortgage lender. Learn how to get your mortgage approved.
FHA requires 3 & 4-unit properties to pass a financial stress test to be eligible. Run the test before buying.
Considering a multifamily home with an ADU and want to use an FHA loan? The lender may have to call the ADU an additional unit. What to know.
The HUD homes $100 down program can make you a homeowner with very little money out of pocket. See if you qualify for this program.
FHA loans for non U.S. citizens are available at the same rates and terms as citizens receive. How to apply and be approved.
