| mortgage insurance |
| Anyone know benefits or drawbacks of PMI (Principal Mortgage Insurance)? |
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I usually recommend the the 2 loan option for tax purposes. You cannot deduct MI premiums off your tax return. but you can deduct the intere...... |
| How much $$ does an surance agent get for selling mortgage insurance? |
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Considering the mass mailings I get since I bought my house I'd have to say that you wouldn't get paid jack in commissions. You'...... |
| Do FHA or any of the gov't insured loans require PMI private mortgage insurance? |
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Pretty much any loan where you are putting down less than 20% of the purchase price will require PMI....... |
| I have about 40% equiity in my home, how do I go about getting rid of my mortgage insurance ! (PMI) ??? |
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Contact the company who currently has your mortgage. You will need to have it appraised but you will need to use one of their approved appr...... |
| I have a huge hole in my ceiling, who is supposed to pay to fix it? Maintanence or Mortgage insurance? |
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You need to stay on them. Call, write letters and document them. If that doesn't work call an attorney. Hopefully there is no limita...... |
| Which insurance companies offer mortgage unemployment insurance? |
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I have heard of disability coverage but not unemployment...... |
| Mortgage indemnity insurance & negative equity? |
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With a mortgage - all borrowers a jointly and severably liable for the debt. MIG only protects the lender, but the borrower has to foot the ...... |
| Mortgage protection insurance? |
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Ok I see this mistake all teh time on teh internet so once and for all.
There are two things we are talking about here PMI which is compu...... |
| How do you show mortgage insurance on a GFE? |
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Hi and congrats to becoming a new broker.
To show PMI(private mortgage insurance) on the the GFE it would probably under the 1002 section ...... |
| Why am I charged Private Mortgage Insurance? |
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Your loan balance is more than 80% of the appraised value.. To fix this, you would need to have a first loan for 80% and a second loan (at a...... |
| When can I drop the Mortgage insurance premium on my FHA loan? |
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Ok...the three conditions are:
The loan amount must be less than .78x139000= $108420.
You must be current and usually the lender require...... |
| How do you calculate private mortgage insurance for a home loan? |
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Private Mortgage Insurance rates are usually set by the insurance company insuring the loan which is calculated with consideration to how mu...... |
| Can I be reimbursed for private mortgage insurance (PMI) that I did not have to pay? |
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You can't get a refund now. If your hearing that you can it's because like 4 or 5 years ago FHA loans use to have pmi that you would...... |
| How do i get my personal mortgage insurance cancelled,as i have more than 50% equity.The lender says no.? |
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Contact your state Banking Department. They will have information on your state's lending practices. If your mortgage has such a restr...... |
| How to Get Rid of Private Mortgage Insurance (PMI) on an Existing Loan? |
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Option 1 is to refi the loan and hopefully there is some unrealized appreciation on the house that lower your LTV to 80%, if not you can try...... |
| Can I pay in advance for mortgage insurance? |
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Of course. Everyone always smiles, and accepts it when you offer them money!...... |
| How long do you have to pay Mortgage insurance on FHA loans? |
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you can check Ah Long...... |
| How much compensation is there in selling mortgage insurance? |
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Mtg insurance isn't sold. It is required by a lender if you are not putting at least 20% down. There just isn't a market for a sal...... |
| What is Mortgage Insurance? |
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There are two different types - one is basically a decreasing term life insurance, to pay off your mortgage if you die. It costs more than ...... |
| What is mortgage insurance? |
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Lenders Mortgage Insurance (LMI), also known as Private Mortgage Insurance (PMI), is insurance payable to a lender when taking out a mortgag...... |
| Is PMI mortgage insurance given back after the house gets sold? |
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No, PMI is never recouped. It is Private Mortgage Insurance and like any insurance, premium money is never returned to you.No. Basically yo...... |
| What is Private Mortgage Insurance? |
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If you don't pay a 20% down payment this is required on your mortgage. It is to insure that you will make your mortgage payments. It i...... |
| Can we claim mortgage Insurance on our taxes? |
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PMI is deductable for tax year 2007 and, as of now, for 2007 only. It's too late to add it for 2006 but they may extend it for 2008 and...... |
| What is private mortgage insurance? |
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Lenders Mortgage Insurance (LMI), also known as Private Mortgage Insurance (PMI), is insurance payable to a lender when taking out a mortgag...... |
| Want know about mortgage insurance ? |
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My experience has been that the lending institutions require you to have mortgage insurance unless you put a down payment of a certain perce...... |
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