Comparison on FHA vs. Conventional with Mortgage Interest Premiums
Tuesday, 04 June 2013
by The Kevin Toll Group
If you are looking into buying a home, you might know that FHA Annual mortgage insurance premiums (MIP) will be required for the life of the loan on the vast majority of FHA transactions. If MIP is not required for the entire term of the loan, MIP will now be required for a longer
- Published in Home Buyers
Who can be on the title-refresher?
Tuesday, 12 April 2011
by The Kevin Toll Group
The following is a guide for borrower/title relationships allowed for conventional, FHA and VA loans. CONVENTIONAL Loans: • There does not need to be any relationship between occupant borrowers on a loan. • A person may be in title without being a borrower on the loan. • There should be a documentable relationship between borrower
- Published in Uncategorized