What is Private Mortgage Insurance?

Contents 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. What Private Mortgage Insurance and why do I have it? Years ago when…

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…

$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 GUARANTEED LOAN FUNDING UPDATE:  SUMMER SIZZLES!   GUARANTEED LOAN VOLUME UP!  PLENTY OF FUNDING AVAILABLE!    The Single Family Housing Guaranteed Loan Program (SFHGLP) has $24 billion dollars of funding available for lenders, but it will…