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Mortgage insurance vs homeowners insurance: what’s the difference?
Bankrate via AOL· 5 months agoKey takeaways Homeowners insurance mainly protects the borrower’s investment in their home, while...
How much flood insurance is required by mortgage lenders?
Bankrate via Yahoo Finance· 7 months agoIf you’re approved for a mortgage for a home in a flood zone, your lender will likely require you to...
USDA loans: What are they and am I eligible?
Bankrate via Yahoo Finance· 2 months agoKey takeaways USDA mortgages are aimed at borrowers buying in eligible rural areas. These loans come with lenient rules around credit scores and down...
What is mortgage insurance?
Bankrate via AOL· 4 months agoKey takeaways Mortgage insurance is a fee you pay to your lender to cover risks associated with funding your loan. Different loan types have different...
Student loan guidelines for getting a mortgage
Bankrate via AOL· 3 months agoKey takeaways Even if you're paying off student loans, it's still possible to get a mortgage. Having student loans impacts your debt-to-income ratio....
What is mortgage insurance, and how much does it cost?
Yahoo Personal Finance· 3 months agoMortgage insurance is very different from the typical types of insurance we buy to protect ourselves...
BofA's test loan program isn't the only way to buy a house without a down payment — here's how
MoneyWise via Yahoo Finance· 2 years agoThe biggest obstacle for many first-time homebuyers is coming up with the cash for a down payment....
5 types of mortgage loans for homebuyers
Bankrate via AOL· 2 months agoKey takeaways The main types of mortgages are conventional loans, government-backed loans, jumbo loans, fixed-rate loans and adjustable-rate loans. There...
What is an FHA mortgage insurance premium?
Bankrate via Yahoo Finance· 2 months agoKey takeaways If you take out an FHA loan, you’re required to pay FHA mortgage insurance premiums (MIP). FHA MIP includes an upfront premium, typically...
What are guaranteed mortgage loans?
Bankrate via AOL· 4 months agoKey takeaways A guaranteed mortgage loan gives lenders the ability to qualify borrowers with looser eligibility requirements, allowing for lower credit...
