Tag: Mortgages

Staten Island Realtors: Today’s Home Buyers Embracing Sensible Mortgages | SIBOR

STATEN ISLAND, N.Y.  –  With new home-listings on Staten Island showing a 5.3 percent decrease in March, and inventory levels having dropped 31.2 percent, buyers are purchasing their homes with an eye on smart economics, according to the Staten Island…

Do You Need Mortgage Insurance Even if It’s Not Required by Your Lender? Let’s Take a Look

Do You Need Mortgage Insurance Even if It’s Not Required by Your Lender? Let’s Take a Look 

Finding a proper mortgage loan and understanding the processing procedures behind the loan is the basis of good research. The down payment on a mortgage loan is typically significant when dealing with mortgage insurance.

Most loan applications with less than 20{12ca24a05342dbb53daaf6ac9e83dcd1d4a135542302ef678e31135aa120b5f7} down payment are required to include mortgage insurance with the loan. However, mortgage insurance may still be required even if it’s not typically required by your lender.