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Mortgage Protection Insurance
Mortgage Payment Protection Insurance (MPPI) or Mortgage Protection Insurance (MPI) can be described as life insurance equal to the amount of your mortgage. Neither of these should be confused with Private Mortgage Insurance (PMI). They are totally different things. PMI is charged to you each month along with your mortgage payment to protect your lender
Do you need a realtor?
The short answer is no, but not using a realtor, instead thinking you can use the internet as your only means of information is short-sighted. From researching the projected cost of utilities to local zoning restrictions, you’re going to invest countless hours in research before making an offer. As a buyer, and especially as a
Regular Home Maintenance Checklist
As a new homeowner, it can seem intimidating or totally overwhelming keeping up with the tasks required of home ownership. Fortunately, most of this list of tasks can be completed on your own without much experience. Without further ado, here’s your regular home maintenance checklist: MONTHLY Inspect, and possibly change out HVAC filters Experts will
What is Mortgage Protection Insurance?
Consider what would happen if someone listed on your mortgage became disabled, came down with a serious illness or died? Do other family members have the finances to make monthly mortgage payment? Do you have a financial back-up plan? Don’t feel alone. Many people don’t have a plan or an insurance that would assist in
Guidelines for Calculating a Mortgage
If you’re in the market for a new home, you’ll first want to have an idea of what you can afford. There are many online mortgage tools to use but remember this is just an estimate. When you feel you’re ready to initiate the purchasing process you should obtain professional mortgage advice on your actual
Home Equity Loan and Second Mortgage: What’s the Difference?
The terminology is confusing. A second mortgage is any loan that involves a second lien on the property. Some second mortgages are for a fixed dollar amount paid out at one time, in the same way as a first mortgage. As with firsts, such seconds may be fixed-rate or adjustable-rate. You will need to keep