There are many factors that contribute to property insurance premiums. It includes information on the home itself and on the property owner. Things that change property insurance premiums in PA is detailed in this article and may be helpful for both ... Read More
Checklist For PA Home Sellers Prior To Closing
As you pack your belongings for an upcoming home sale, you may forget about a few last minute things. The checklist for PA home sellers prior to closing below may ensure a smooth closing. Call Your LenderIf your monthly payment includes amounts for ... Read More
Details On New Construction Mortgages From FHA For PA Properties
When building a new property versus purchasing an existing property, you may mistakenly assume that a conventional mortgage is your only option. The good news is, FHA offers new construction mortgages! There are many key differences between ... Read More
Cancelling PMI From FHA Home Loans Endorsed Before June 3, 2013
Many borrowers who select FHA loans were attracted to the low down payment requirement. Given that PMI is usually required on loans with less than 20% down, most of these borrowers have PMI payments each month. The procedure for cancelling that ... Read More
What You Need To Know About New Construction Mortgages | PA New Construction
New construction mortgages are not typically required if buying a property owned by a builder. Builders usually finance the building process so that you may use a regular mortgage when construction is completed. Even though this makes the financing ... Read More
Things To Do Prior To Your Property Closing | PA Home Buying
Getting organized can help make the home purchase process less stressful. With packing, you might miss some important to-dos. The things to do prior to your property closing below provides things to include on your list. Contact Utility ServicesAt ... Read More
PA Lower FHA Mortgage Insurance Premiums beginning January 26, 2015
It was recently released that the mortgage insurance premiums for FHA mortgages is reducing by half a percent. This will assist home buyers currently in the market. The following is some important information on PA lower FHA mortgage insurance ... Read More
Deciding If You Need Condominium Insurance In PA
If you are purchasing a condominium, you may not know that you should buy condominium insurance. Condominium communities usually have a master insurance policy, but the coverage is actually limited. It is very important for you to understand what ... Read More
New Lender Disclosure Forms Beginning Oct. 2015
When applying for a mortgage, you receive many forms to review. It may be a bit confusing. These forms were established by different legislation over time. In many cases, they offer overlapping figures, making the documentation even more difficult ... Read More
The 15th Of September 2015 Changes To FHA Loan Qualification Criteria
One of the most used types of loans is FHA. Home buyers must be aware of the the 15th of September 2015 changes to FHA loan qualification criteria. The following is a summary of them. Interpretation of Debt Some debts are being viewed a bit ... Read More