Prepaid Private Mortgage Insurance...using seller concessions....

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Mortgage and Lending with Black Rose Fishing Charters and CastNCrew Fishing Show

Here's a nice use of seller's concessions.....use a seller's concession to prepay PMI....  One of our investors has a great program utilizing this theory.  Very nice tidbit for many investors...  I just thought about this one as I was going over notes from a conversation that I had last week.

 

I'm heading to Leominster today...Long drive, but great referral from a financial advisor that I used to work for.  I find that clients of financial advisors prefer to meet in person.  Having a 10 year history as an advisor, I prefer it as well.  Have a great day!

Rich Antonino

Plymouth, MA Mortgages...it's what we do.

Rich Antonino 
Loan Officer
NMLS ID 984202


26 Howland Street
Plymouth, Ma 02360
Office:  508-746-7733
Cell/Text: 508-269-1882
Fax: 774-283-9919
rich.antonino@benchmark.us

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Topic:
Lending / Financial
Location:
Massachusetts
Groups:
Realtors Needing the services of the Lending Powers
Cape Cod Real Estate
MA REALTORS
Boston Area Real Estate
Tags:
mortgages
downpayment
pmi
mortgage insurance
sellers concessions

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Rainer
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Dan Hopper
Dan Hopper - Gold Way RE - Westminster, CO
Denver Realtor / Author / Advocate/Short Sale

Great reminder, Rich!!  This is a very important issue to address in assisting buyers with the seller concessions.  We are seeing LESS of seller concessions being negotiated, right now... so to use it wisely for PMI is a great idea.

May 20, 2013 11:57 PM #1
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Rainer
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Rich Antonino

Charter Captain and Fishing Show Producer
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