PMI is just extra fees and has nothing to do with your principal or your interest. Taking on two mortgages is only about the money you borrow and there are no extra costs such as private mortgage insurance. PMI or Private Mortgage Insurance is normally required when you buy a house with less than 20% [...]
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The loan process you follow when searching for a construction loan has some similarities to that of obtaining a regular mortgage. You will still be judged on your income, credit, savings and monthly debts just like a regular mortgage.
However, with a construction to permanent loan, there are a few additional factors that lenders consider. Since [...]
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Google begins to phase out support for Internet Explorer 6, the browser identified as the weak link in a cyber attack. Read More Google phases out support for IE6
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Some of Mahatma Gandhi’s ashes, kept for decades by a family friend, are scattered into the Indian Ocean off South Africa. Read More Gandhi ashes scattered into sea
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