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Explaining mortgages since 2010

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Explaining mortgages since 2010

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Mortgage Insurance Explained

http://mortgagesexplained.net/category/mortgage-insurance-explained

Explaining mortgages since 2010. Single Premium Mortgage Insurance. September 11, 2012. Middot; 0 comments. Mortgage insurance is something that you buy for the lender so that they will give you a mortgage in the form of a conventional loan with less than a 20% down payment. I like to think of it as a necessary evil. Most people that have done a little research on getting a mortgage know […]. Mortgages Explained: How Much Will I Pay in Mortgage Insurance? November 16, 2011. Middot; 0 comments. Mortgages ...

2

Why does so much of your mortgage payment goes to interest

http://mortgagesexplained.net/2011/05/is-interest-on-a-30-year-mortgage-front-end-loaded

Explaining mortgages since 2010. Is interest on a 30 year mortgage front-end loaded? May 28, 2011. Middot; 2 comments. This post comes from another website of mine, www.TheMortgageNerd.net. Buying a home can be such an exciting new venture. However, it is not uncommon for new homeowners to become quickly disenchanted with home ownership when they realize how slowly they are paying off their 30 year mortgage. It happened to me when I bought my first house. After 1 year I noticed on my mortgage statement.

3

Mortgage Insurance Payments and Options

http://mortgagesexplained.net/2011/11/mortgages-explained-how-much-will-i-pay-in-mortgage-insurance

Explaining mortgages since 2010. Mortgages Explained: How Much Will I Pay in Mortgage Insurance? November 16, 2011. Middot; 0 comments. Mortgage insurance, unlike home owners insurance, is a necessary evil for most mortgage programs. Mortgage Insurance with FHA Loans. Important Note: The mortgage insurance rates on FHA 15 year loans are significantly cheaper. Mortgage Insurance with USDA Rural Housing Loans. Very Important Note: The mortgage insurance with USDA loans is for the life of the loan! On a loa...

4

What is Single Premium Mortgage Insurance? A detailed explanation

http://mortgagesexplained.net/2012/09/single-premium-mortgage-insurance

Explaining mortgages since 2010. Single Premium Mortgage Insurance. September 11, 2012. Middot; 0 comments. Mortgage insurance is something that you buy for the lender. What is Single Premium Mortgage Insurance? First lets talk about the most common type of mortgage insurance. Depending on your credit score, debt to income ratio, and loan to value. Single Premium Mortgage Insurance. How much does it cost? The way I see it is this. When does paying single premium mortgage insurance NOT make sense? However...

5

Appraisals Explained

http://mortgagesexplained.net/category/appraisals-explained

Explaining mortgages since 2010. Mortgages Explained: Why can’t I order my own appraisal? February 24, 2011. Middot; 1 comment. Before May 1st, 2009 there weren’t any rules about who could order the appraisal for a home purchase or refinance transaction. Also, before that date loan officers could talk and consult with an appraiser about the value of a property. Well that all changed on May 1st, 2009 with a new law called the Home […]. Enter your email address:. Single Premium Mortgage Insurance.

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John's Mortgage Matters: Mortgage Insurance Alternatives

http://mortgagesbyjohn.blogspot.com/2011/04/mortgage-insurance-alternatives.html

Friday, April 1, 2011. I found the following article on the internet and thought that it was one of the most comprehensive articles on mortgage insurance and it's alternatives. I found it on the website MortgagesExplained.net. If you are like most home owners you hate the idea of your hard earned money going down the drain with monthly mortgage insurance payments. And with so many homeowners defaulting on their mortgage payments over the last few years (google " housing crisis 2008 to 2011. The interest ...

mortgagesbyjohn.blogspot.com mortgagesbyjohn.blogspot.com

John's Mortgage Matters: April 2011

http://mortgagesbyjohn.blogspot.com/2011_04_01_archive.html

Friday, April 1, 2011. I found the following article on the internet and thought that it was one of the most comprehensive articles on mortgage insurance and it's alternatives. I found it on the website MortgagesExplained.net. If you are like most home owners you hate the idea of your hard earned money going down the drain with monthly mortgage insurance payments. And with so many homeowners defaulting on their mortgage payments over the last few years (google " housing crisis 2008 to 2011. The interest ...

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