Compare Listings

Private Mortgage Insurance: How PMI works and what to consider

Private Mortgage Insurance: How PMI works and what to consider

When you’re purchasing a home, you may be required to have Private Mortgage Insurance, or PMI, if you’re putting less than 20% down. Private Mortgage Insurance is insurance to protect lenders against a loss if a borrower defaults on the loan. PMI costs will likely result in a slight increase in your overall monthly payment, […]

A Closer Look at VA Loans

A Closer Look at VA Loans

A VA loan is a mortgage guaranteed by the U.S. Department of Veterans Affairs. It is available to military veterans as well as active armed services personnel. Key Takeaways • VA loans are a great mortgage option for members of the armed services, since they require little to no money down • VA loans also […]

ARM Mortgages

ARM Mortgages

For the right type of buyer and right situation, an ARM mortgage can be a useful type of loan to get. It offers buyers a lower fixed rate, but only for a limited amount of time. Eventually, the loan becomes variable, rising and falling with the market. Key Takeaways • ARM mortgages are conventionally known […]