Tag: PMI

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Everything you need to know about FHA loans if you’re a first-time home buyer in the Phoenix area

June 22, 2022

What Is A Homeowner’s Insurance Policy and what does it have to do with an FHA loan? Why do I need an FHA loan? Are they better than conventional loans? You need to know about FHA loans if you’re a first-time home buyer in the Phoenix area or any place in the United States. Having…
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What is PMI and Do New Homeowners in the Denver Area Need It?

April 14, 2022

If you have a conventional loan, you may be required to pay PMI, which is also known as Private Mortgage Insurance. The lender arranges for private insurance companies to provide PMI, which is paid for by the borrower. When you have a traditional loan and a down payment of less than 20% of the home’s…
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