All articles about Financial Services

Tip #10 How to Cut Your Power Bill

Tip#10 Spend More Time Outside

This one sounds kind of obvious but really it works! Look we live in the South and whether you want to admit it or not people lives right here in Raleigh WITHOUT air conditioning for more than 300 years. Continue reading Tip #10 How to Cut Your Power Bill

What is Private Mortgage Insurance?

I have PMI?

What Private Mortgage Insurance and why do I have it?

Years ago when your grand parents bought a home they saved each extra penny they could until they had enough for a down payment that was equal to at least 20% of the  price of their dream home.

More likely your grand father was likely was  returning veteran of WWII or the Korean War and then they used their entitlements benefits under the GI Bill and probably bought their firs home with a VA loan with no money down.

For the rest of us who can’t put together a tidy sum of 20% in cash for a down payment on a home which in  Raleigh could be as much as $35,000 there’s Private Mortgage Insurance (PMI).
Private mortgage insurance exists in a variety of forms.

Here is an example of just a the most common;

Continue reading What is Private Mortgage Insurance?

FEMA Declared Disaster Area – Loan Application in Process

Because of the plethora of natural disasters across the country it occurred to me that there may be a lot of Buyers and Sellers whose purchase or sale or mortgage refinance has been delayed for reasons they simply do not understand.

This post is intended to be an overview of what additional inspections and verification a homeowner or seller can expect in the mortgage application process for a home in a declared disaster area. Continue reading FEMA Declared Disaster Area – Loan Application in Process

$14 Billion in No Money Down Guaranteed Loans for Rural Homebuyers

Contents Related articles USDA RURAL DEVELOPMENT GUARANTEED RURAL HOUSING NEWS From the National Office in Washington DC June 15, 2011 … More $14 Billion in No Money Down Guaranteed Loans for Rural Homebuyers