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Mortgage 101: Lingo You Need to Know
However, taking out a mortgage is not exactly a simple, or easy-to-understand, process. If you’re not well-versed in the loan lingo, you might not realize what you’re getting yourself into…and that co...
7 Private Mortgage Insurance FAQs
Is it popular? Mortgage loans that require PMI are not uncommon. Many home buyers, especially first-time buyers, don’t have the cash required for a 20% down payment. This is understandable when you kn...
What is PMI? The idea of owning a home for the first time is an exhilarating prospect for many people. Factor in the excitement of having found a dream home or needing to make a move in a hurry for a...