Even once you’ve reached the 20% equity threshold, you may still be charged for PMI.

Escrow adjustments “An escrow account is essentially a built-in savings account managed by your mortgage servicer,” explained Debbie Calixto, an Indian Wells, California-based ...

Homebuyers can avoid paying PMI if their down payment is large enough Barclay Palmer is a creative executive with 10+ years of creating or managing premium programming and brands/businesses across ...

The real estate industry has a trade-off between consumers and lenders. Consumers can get a mortgage with a small down payment, but lenders are then protected with buyer-paid mortgage insurance that ...

The time had finally arrived—my husband and I had saved enough for a home down payment and we were off to the bank to get approved for our first mortgage. Talking to the loan officer we discussed term ...

Let’s start off the new year with a money saving tip, especially for low-down payment, first-time owners who bought a home more than two years ago. If you bought your home using conventional financing ...

HICKORY, N.C. — The Carsons said they found a house in Hickory to buy “through the grace of God through a friend of ours.” They bought it a few years ago with the help of a Federal Housing ...