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How Down Payment Assistance & PMI Can Help You Buy Your Dream Home

What are Down Payment Assistance & Private Mortgage Insurance?In today’s economy and with other financial obligations, many first time homebuyers need some down payment assistance (DPA) to be approved for the mortgage they want. DPA is used to cover whatever part...

Why Choose Local Mortgage Lenders?

For most of today’s home buyers, it is commonplace to have to sort through the multitude of mortgage brokers, online lenders, banks, local mortgage lenders and others to find the right lender and mortgage. The thing is, how do you choose which option is right for your...

Do You Know What Factors Affect an Average Mortgage Payment?

Obviously, most first time home buyers have to take out a mortgage to pay for a new home. Early in the home buying process, smart shoppers should find and meet with a professional lender so that they can understand what mortgage, budget and monthly payments they can...

A Short How-To Guide to Help You Calculate PMI

PMI is short for Private Mortgage Insurance. PMI is usually required when you have a conventional loan and make a down payment of less than 20% of the home’s purchase price. PMI is beneficial for buyers as it helps them qualify for the mortgage they need and...