What is Title Insurance and Why Do I Need It?
Title insurance is one of the more expensive items you pay for in a purchase and/or refinance transaction. The title company performs a detailed and comprehensive search to determine if any person or entity may have an interest in the property. The title insurance...3% Down Payment, Conventional Loan Available
I’m actually pretty shocked that down payment requirements have loosened and not tightened. What do you think this means for the housing industry and the lending landscape? Do you think it’s prudent? The highlights of this 3% down payment, conventional loan option...Increase to Annual Mortgage Insurance Premiums on FHA Loans
The U.S. Department of Housing and Urban Development just released a new statement that FHA’s annual mortgage insurance premiums (MIP) are going to increase by .25% across the board. The change will be effective for FHA case numbers issued on and after April...What is the 4506-T Form?
If you have gone through the refinance or purchase process in the past couple of years, you would have undoubtedly seen (and signed) the IRS 4506-T form at least two times, sometimes more. The 4506-T gives the lender authorization to request a copy of your tax return...Loan Calculator
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