What You Need to Know About Private Mortgage Insurance (PMI)

By JL LLavina / June 10, 2016

Prior to the recession, many homeowners were able to take advantage of generous lending options that often included financing as much as 100 percent of a home’s value. While this is great for a potential homebuyer who doesn’t have the money for a large down payment, it was risky for lenders. When the recession hit…

Read More

Understanding Jumbo Mortgage Loans

By JL LLavina / February 5, 2016

The median price of a home sold in the U.S. in early 2016 was $188,900. While that might buy you a small castle in some housing markets, in others you will need to borrow a lot more just to get a place big enough for your family to call home. Borrowers that plan on taking…

Read More