VA Funding Fee
VA Funding Fee While VA loans don’t require a down payment they do have a 2.15% funding fee due at closing on a first time use. If you have a subsequent loan the fee increases to 3.3%. This is significant considering there are 3% down Conventional loans available and 3.5% FHA loans. This VA funding
PMI in my Mortgage Explained?
PMI in my Mortgage Explained? If you put less than 20% down to purchaser your home with a conventional loan, then you are paying PMI in your mortgage each month. PMI is an acronym for Private Mortgage Insurance and it protects the lender if you stop making payments. A lender has a higher risk on
Mold Removal, Do You Need a Professional?
Mold Removal, Do You Need a Professional? According to EPA guidelines you can clean up mold on your own if the affected area is under 10 sq ft. That’s a patch about 3 feet by 3 feet. Many people are surprised to hear this mistakenly believing that mold in any amount more than a small spot should onl
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