We were so happy to announce a few weeks ago that the FHA monthly PMI rates were going to drop later this month. However, an important change has taken place. Last Friday, the Trump Administration announced that FHA PMI rate reductions were cancelled. A Freeze to All Pending Regulations The White House issued a memo freezing […]
Getting Rid Of PMI From Conventional Home Loans
Overview of Getting rid of PMI from conventional home loans and early elimination options – provided by Christopher Graves at Sierra Pacific Mortgage Company
Eliminating PMI From FHA Loans
Important details on Eliminating PMI from FHA loans – posted by Christopher Graves at Sierra Pacific Mortgage Company
Lower PMI Rates from Credit Unions
There are several components to a home owner’s monthly mortgage payment. One important charge is Private Mortgage Insurance (PMI). It can account for a significant portion of monthly payment, so it is important for borrowers to understand what PMI charges may apply to their loan and how much they may be able to save with […]