Even though conventional loans account for more than 80% of home loans used to purchase homes in the U.S., mortgages aren’t …
source
Even though conventional loans account for more than 80% of home loans used to purchase homes in the U.S., mortgages aren’t …
source
I need help
Right now everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.
This is so helpful. I an in the middle if my first home buying experience and my head is spinning
I've come to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 21 for $87,000 and sold it for $197,000. My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal.
This video really breaks down the pros and cons clearly; the explanation about long-term PMI with FHA is eye-opening, and definitely something to consider when deciding which loan is right for you.
Well what if they're telling you your house is worth $300,000 when you bought it 22 years ago for 99,000 and they're charging you for insurance can't you still cancel it if you only owe 73 thousand? You're still charging me for the insurance and it's not even mine it's in my name but it's theirs because if I put a claim in it's got to be passed by them the servicer
After a bankruptcy chapter 7, WF had me sign an agreement to stay in the house. I originally had an FHA loan. What i missed was they changed it to a conventional loan, i didnt catch it, is that legal??
Savings inloan vs banks?
Interesting.
Interesting.
Great information and very well explained!
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Oh you go homeless from rental after 40 years at yahoo?
Investments are the roots of financial security; the deeper they grow, the stronger your future will be."
Thank you so much. You did one of the best job of explaining FHA loan. So basically you don't win either way with a FHA loan, because your paying high in insurance.
666 Devil Road
Margot Inlet
62550 Mertz Tunnel
082 Garfield Island
Brody Port
Clemens Green
Maudie Path
Davis Isle
7497 Rau Radial
So you are stuck with private mortgage insurance with an FHA loan, even after you achieve 20% equity?
005 Jamey Spring
Okuneva Ferry