Mortgage Loan Info and Tips

Oct. 26, 2012

MIP (Mortgage Insurance Premium) Calculator

MIP and your FHA Loan

Buyers here looking for houses in Nashville who are planning on putting less than 20% down and using an FHA loan your home purchase should be prepared for an additional annual expense that can be paid monthly called a Mortgage Insurance Premium (MIP) through Private Mortgage Insurance (PMI), also known ...

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Dec. 9, 2010

FHA at it's best

I received an email from a mortgage broker and friend today and felt compelled to pass it on. It's a forward . Please do not drink anything while you are reading this as it may very well be spit out or come through your nose from laughter.

Sometimes, no matter ...

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Dec. 28, 2007

Choosing the right mortgage loan originator

Your loan officer, and how to choose one...

“What's the best way to find a lender?” It's one of the most frequently asked questions by buyers in today's market! As you start searching for your next home, you should always surround yourself with people whom you ...

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April 30, 2007

Tax Deductible Mortgage Insurance in Tennessee in 2007

Congress recently made a provision for home buyers in 2007 that could save them hundreds of dollars per year on what used to be a total loss. As long as the Tennessee purchaser does not earn more than $100,000 per year in gross income they can now deduct their ...

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April 29, 2007

Pre-Qualification Vs. Pre-Approval for a Mortgage

There seems to be much confusion about the difference between getting pre-qualified for a mortgage and getting pre-approved for one.

The long and short of it it that a pre-qualification is really only good for the buyer when they are in the beginning stages of trying to figure out how ...

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