Why are closing costs so high?
Why are closing costs so high?So, in most cases, sellers pay as much and maybe more than buyers. Closing costs...
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How long do you pay mortgage insurance?
How long do you pay mortgage insurance?For conventional loans, mortgage insurance is temporary. It's only required until your home equity...
Can I cancel PMI after 1 year?
Can I cancel PMI after 1 year?“After you've been on the loan for one year, the lender should automatically dissolve...
What happens if I pay an extra $600 a month on my mortgage?
What happens if I pay an extra $600 a month on my mortgage?The additional amount will reduce the principal on...
Is it smart to pay off your house early?
Is it smart to pay off your house early?Paying off your mortgage early frees up that future money for other...
How can I reduce my escrow payment?
How can I reduce my escrow payment?There are few ways to lower your escrow payments: Dispute your property taxes. Call...
Is it better to do escrow or not?
Is it better to do escrow or not?Generally, an escrow account is a prerequisite if you're not putting at least...
How do I get my PMI refund?
How do I get my PMI refund?Requesting a Refund A refund of an upfront mortgage insurance premium (MIP) payment can...
How do I get rid of my PMI?
How do I get rid of my PMI?How To Get Rid Of PMI Step 1: Build 20% equity. You cannot...
Why did my mortgage go up 300 dollars?
Why did my mortgage go up 300 dollars?If there's a shortage in your account because of a tax increase, your...
