Tag Archives: pmi

Mortgage Creditor Protection A Dirty Secret of the Mortgage Industry Explained – Boston Home Loans

Three things I feel very confident is; the sun will rise, the government wants taxes and if you buy a home you’ll be solicited to buy Mortgage Creditor Protection sometimes known as Mortgage Life Insurance.… more

Dropping The FHA Mortgage Insurance Premium – Past & Present – Boston FHA Loan Insights

All mortgage loans from the Federal Housing Administration require Mortgage Insurance Premiums, which is equivalent to the Private Mortgage Insurance charged by private lenders. In the past, the payment of these premiums could be dropped after a certain period of time, paying off a certain amount of the loan.… more