Sentences with phrase «carries private mortgage»

If your loan carries private mortgage insurance, the premiums should be checked.

If the loan being refinanced carries private mortgage insurance, the private mortgage insurer must also agree to the terms of the short refinance.

If you don't make a 20 % down payment, you'll be required to carry private mortgage insurance, or PMI.

With the smaller down payment loans, however, borrowers are required to carry Private Mortgage Insurance.

With no equity left, conventional lenders with their prime loans will require you to carry private mortgage insurance.

With the smaller down payment loans, however, borrowers are usually required to carry private mortgage insurance.

Some loans do not require private mortgage insurance to be involved; these are loans in which the borrower made a down payment of 20 % or more (because if the down payment is more than 20 % of the total loan amount, the borrower is not required to carry private mortgage insurance).

It's true: Veterans who purchase a home with a VA loan are not required to carry private mortgage insurance (PMI).

It could also require you to carry private mortgage insurance, which will ultimately increase your monthly payment.

If you don't make a 20 % down payment, you'll be required to carry private mortgage insurance, or PMI.

You'll be required to carry private mortgage insurance if you don't have enough cash to make a 20 % down payment on a home.

However, with a smaller down payment, borrowers are usually required to carry private mortgage insurance on the loan.

If your down payment equals 20 percent or more of the sales price of the home you want to buy, you can avoid carrying private mortgage insurance (PMI), which will reduce your monthly payment and make a significant difference in your total mortgage expense.

With the smaller down payment loans, however, borrowers are required to carry Private Mortgage Insurance.

Not exact matches

The big question now is whether the borrowers turned away by traditional lenders because of the stricter rules will just abandon or delay their home - buying dreams, or seek out more expensive loans issued by the private lenders that are neither regulated nor required to carry mortgage insurance.

Private Mortgage Insurance companies typically carry slightly tighter guidelines that often look like this:

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If your down payment is less than 20 %, you're considered higher risk, and required to carry PMI, or private mortgage insurance.

John decided he had no choice but to take a mortgage from a private lender that carried a hefty 12 per cent interest rate.

I also saw NAR's elected leaders working hard to carry the association message on private property rights, the mortgage interest deduction, data piracy, and smart growth to the Republican party leadership.

Homebuyers who purchase with less than a 20 percent down payment are typically required to carry and pay for private mortgage insurance.

In fact, VA loans usually carry lower interest rates than conventional mortgages, don't require private mortgage insurance, and don't include early repayment penalties, among their other advantages.

It is recommended that this provision be included in the Contract of Purchase and Sale whenever the seller and / or a private investor will be carrying or advancing mortgage money.