Blog Archives

When can you cancel Mortgage Insurance?

When can you cancel Mortgage Insurance?

Starting on June 3 of this year the Federal Housing Administration’s new policy on mortgage insurance premiums (MIP) went into effect.  See how and when you can cancel mortgage insurance. Read the rest of this entry

Home Loan Programs Part II

Home Loan Programs Part II

Last week I discussed the importance of being informed on what loan programs there are available when shopping for a home loan.  This is so that you can be best aligned with the right program for your circumstances.  This week I am going to continue that discussion and talk about a few non-conventional programs.  Below are just some of the non-conventional programs that are available to consumers. Read the rest of this entry

Can’t refinance? Consider ‘recasting’ instead!

If you’ve found that a refinance isn’t for you, there may be another option for lowering your monthly mortgage payments — if you can pull together some cash. Read the rest of this entry