mortgages: Information On Financed Mortgage Insurance - 05/14/15 07:55 AM
Mortgage insurance (MI) protects lenders against home owners defaulting on loans. It is generally required by a lender on loans where the borrower puts down less than 20% and is normally due monthly. For price restrictive home buyers, monthly premiums for MI may create a hardship. Financed MI is a alternative to monthly payments. In this blog you will find information on financed mortgage insurance.
Information On Financed Mortgage InsuranceFinanced MI enables a borrower to cover the insurance cost up-front and basically include the cost into the balance of the home loan. It is available on both fixed and adjustable rate loans. … (0 comments)

mortgages: Advance NC FHA 203k Mortgage Information - 05/14/15 07:54 AM
FHA 203k is a loan program sponsored by the department of Housing and Urban Development (HUD) for real estate needing significant work. It enables buyers to buy real estate and finance the expense of work required. Ordinary loans mandate that properties be in livable condition. FHA 203k is a useful option for short sale or foreclosed properties that may not qualify for regular loans. The program is an important tool for extending real estate ownership, improving communities, and for making properties healthier for individuals who occupy them. Advance NC FHA 203k mortgage information (money available for repairs, renovations eligible, and advice … (1 comments)

mortgages: NC FHA Mortgages Lower PMI Premiums - 02/13/15 02:44 AM
It was recently released that the PMI premiums for FHA mortgages are dropping. This will make it easier for people currently in the market to purchase.
 
 NC FHA mortgages lower PMI premiums went into effect on January 26, 2015. Any FHA files requested on or after that date will receive the lower rate. Case numbers are typically received when you apply for the FHA loan. For active case numbers, you might be able to cancel the current case number and ask for a new number. There is a particular procedure that must be completed by your mortgage officer to … (0 comments)

 
Debbie Wilkes, Broker/Owner - Serving Davie County & Surrounding (Premier Realty NC)

Debbie Wilkes

Broker/Owner - Serving Davie County & Surrounding

Mocksville, NC

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Premier Realty NC

Address: 228 NC Hwy 801, Advance, NC, 27006

Office: (336) 998-7777

Mobile: (336) 909-1284

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Interested in selling your home? Contact me to get a professional estimate.
Debbie Davis
Call: 336-998-7777


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