homeowner insurance: Homeowner Mortgage Insurance
- 03/17/13 02:41 AM
New mortgage insurance premium rules are due to take effect on April, 1, 2013. The Federal Housing Administration (FHA) recently announced a series of changes that they feel will better manage and protect their insurance programs. Let’s talk about a bit about the mortgage insurance changes coming. What is Mortgage Insurance? Mortgage insurance is protection for the lender (not the home owner) in the event of mortgage loan default. When you buy a home and use a conventional loan and your down payment is less than 20 percent of the cost, or you are refinancing more than 80 percent of your … (0 comments)
Lisa Cromwell, a Leesburg-based REALTOR®, lives and works in the heart of Loudoun County, Virginia. Part of Northern Virginia and the Dulles Tech Corridor, Loudoun offers something for everyone in its landscape of suburbs to rolling countryside dotted with historic villages.
New mortgage insurance premium rules are due to take effect on April, 1, 2013. The Federal Housing Administration (FHA) recently announced a series of changes that they feel will better manage and protect their insurance programs. Let’s talk about a bit about the mortgage insurance changes coming.
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