As you may already know, most mortgages are done on 15 or 30 year terms with most mortgage companies offering a 10 and 20 year term as well. We have found that a lot of times those options are not the best for our clients, and more importantly, is not what they truly want as […]
What is Private Mortgage Insurance (P.M.I.): Private Mortgage Insurance reimburses the lender if you default on your home loan. You, the borrower, pay the premiums. You may have heard that you need to put as much as 20% down to avoid paying PMI, this can cost you thousands upfront and throughout your loan as well […]