When you're requesting a mortgage, the idea of Private Mortgage Insurance (PMI) can feel pretty confusing. It's a mandatory cost for borrowers who put down less than 20% on their property. But how much PMI can you really anticipate? The amount varies depending on several factors, including your credit score, the principal, and the variety of loa… Read More

When seeking an FHA or VA mortgage, it's essential to know about lender overlays. These extra requirements can influence your potential to secure financing. Lender overlays vary widely, so diligent research is important. Learn about common lender overlays, such as credit score requirements, debt-to-income ratios, and financing perc… Read More