Understanding PMI

By
Mortgage and Lending with Leader One Financial 164545
https://activerain.com/droplet/4zgk

When people are searching for a mortgage many of them have difficulty Understanding PMI.  So, we'd like to help you understand a bit more about how Premium Mortgage Insurance will affect your home loan.  (We're not called KC Loan Tips for nothin'!) Below you'll find a video of our local mortgage guru, okay he's a home loan expert explaining a bit more about this often misunderstood portion of the home buying process.  Darren Copeland and his team at LeaderOne Financial are experts in helping you get the best mortgage for your money - as we say around the office - we don't want your house back, so we'll get a great mortgage rate and into the right mortgage program!  So what  are you waiting for?  If you'd like more help in Understanding PMI, just click play on the video below!

 

If you'd like to go ahead and get pre-approved for you home loan right now, then click here to start our safe and secure online application!

Posted by

Darren Copeland | Home Loans | Lee's Summit MODarren Copeland, Vice President LeaderOne Financial

4967-B NE Goodview Circle, Lees Summit, MO 64064

(816) 268-4025

KC Loan Tips & Midwest VA Loans

 

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Rainmaker
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Brenda J. Andrew
ULTIMA REAL ESTATE - Corpus Christi, TX
Professional Realtor in Corpus Christi, TX

Thanks for sharing that useful information Darren.  I was told the PMI had changed on FHA loans and they would not drop it off after the 20% is paid.  That was from a client that closed about 6 months ago.  Maybe the lender didn't know what they were talking about.  I thought one of the regulations had changed.  Is it safe to let my client know they may drop it after they have the 20%?  His amount was around an additional $250 per month.  

Mar 02, 2015 10:33 PM #1
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