What’s in a Mortgage Payment? Hint: It’s Not Just Your Loan

What’s in a Mortgage Payment? Hint: It’s Not Just Your Loan

Meghan Henderson Home Buyer Tips Leave a Comment

If you are a first-time home buyer, you may not know that your mortgage payment consists of more than just the loan you’re approved for. This is especially important to understand, because these additional “pieces” raise the amount of money you’ll be paying out-of-pocket every month. Depending on the size of the home you are buying, this could be more …

Melanie Cameron May Buyer Tips

What is Private Mortgage Insurance (PMI)? | Home Buyer Tips

Melanie Cameron Home Buyer Tips Leave a Comment

Realtor Melanie Cameron explains what PMI or Private Mortgage Insurance is, how much it costs, and what determines if a home buyer is required to pay it. If you are purchasing a home with financial assistance from a lender (mortgage), this is an important video to watch. You may have to pay more than you’ve budgeted. Get more great tips …