Piggyback loans are back. Should you jump on? – Piggyback loans, second mortgages that allow you to buy a house with little or no down payment. fha mortgage insurance. New FHA guidelines have made FHA mortgage insurance more expensive. Borrowers.
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Colorado home buying: 6 reasons to refinance your mortgage – If you want to eliminate private mortgage insurance. one of our mortgage refinance calculators a try. You can decide if you should refinance and save money by comparing your original home loan,
How to Buy a Home With Bad Credit – When evaluating your mortgage. (PMI) if you put less than 20% down. Check with your local bank or credit union to see if it offers FHA loans and inquire about how much you can expect to pay per.
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The 3% down payment mortgage makes a comeback – In an effort to open up lending to more low-income and first time home buyers, Fannie Mae and Freddie Mac announced Monday that they will start backing mortgages with down payments. the FHA loans.