Did you know it’s possible to avoid paying mortgage insurance on a conventional loan with a loan to value ratio over 80%?It true!
You can ask for Lender Paid MI. So, if you are dead set against paying mortgage insurance this is an option for you.
The catch is your rate will go up. …The increase in rate is usually around .30% to .50%.
Keep this in mind the next time you are considering a conventional loan.
Also, I got a nice note from a borrower recently that I wanted to pass on to you…
Brett,
Thank
you for making this happen. We are so truly happy that our life time
goal of being homeowners have come true. You truly make the process easy
and comfortable for the two of us.
Cassandra
Thanks for reading! …and, have a great day!
Brett