Monthly Archives: November 2016

November 2016

RIP Mortgage Insurance

By |November 17th, 2016|

MIP (Mortgage Insurance Premium) is insurance homeowners pay to FHA to protect the lender against loss on FHA insured loans.

 

You may be able to eliminate this monthly fee in certain cases. In some areas, values have gone up enough to allow homeowners to refinance and drop this charge. To find out if this applies to you, […]

Following Your Money

By |November 12th, 2016|

The financial details required to obtain a mortgage can seem never ending. I will never forget the time I watched a loan officer placing U.S. saving bonds on the copy machine as proof of funds for a down payment. There is a detailed process that goes on behind the scenes that determine if you are […]

Financial Tune Up

By |November 12th, 2016|

It pays each year to review certain household expenses to make sure that you are still getting the best value. When you keep your eye on cable TV contracts, phone, and internet plans you can save money by checking that you are not tied into an old contract that keeps the bills high. Many […]