When you're seeking a mortgage, the idea of Private Mortgage Insurance (PMI) can feel pretty confusing. It's a mandatory cost for borrowers who put down less than 20% on their home. But how much PMI can you really expect? The amount varies depending on several factors, such as your credit score, the loan amount, and the kind of loan you're getti… Read More

FHA loans present a great opportunity for first-time homebuyers to attain the dream of owning a property. These federally-insured loans are designed to make homeownership easier to achieve by providing relaxed criteria. With FHA loans, borrowers can often obtain financing with lower credit ratings and smaller down payments. Moreover, FHA … Read More