Comments on: How to Get an Affordable Mortgage https://www.yourmortgageassistant.com/blog/how-to-get-an-affordable-mortgage/ Mortgage Simplified Tue, 28 Feb 2023 10:31:25 +0000 hourly 1 https://wordpress.org/?v=6.8.5 By: Jessica S. https://www.yourmortgageassistant.com/blog/how-to-get-an-affordable-mortgage/#comment-271 Wed, 14 Mar 2018 16:10:17 +0000 http://yma.effectxpress.wpengine.com/?p=40#comment-271 In reply to gary myers.

Hi Gary,

Private mortgage insurance, also called PMI, is a type of mortgage insurance you might be required to pay for if you have a conventional loan. PMI protects the lender if you stop making payments on your loan.

PMI is arranged by the lender and provided by private insurance companies. It is usually required when you make a down payment of less than 20 percent of the purchase price. If you’re refinancing with a conventional loan and your equity is less than 20 percent of the value of your home, PMI is also usually required.

I would recommend contacting your lender for more information. I hope this information is helpful.

]]> By: gary myers https://www.yourmortgageassistant.com/blog/how-to-get-an-affordable-mortgage/#comment-270 Sat, 03 Mar 2018 18:19:51 +0000 http://yma.effectxpress.wpengine.com/?p=40#comment-270 what is pmi ,di i have to pay it

]]> By: Lucille Robinson https://www.yourmortgageassistant.com/blog/how-to-get-an-affordable-mortgage/#comment-269 Wed, 28 Feb 2018 17:22:42 +0000 http://yma.effectxpress.wpengine.com/?p=40#comment-269 How do I get a lower mortgage payment with a 560 credit score. Everyone I talk to says it can’t be done because I need at least a 580. I got a month behind and am always receiving threatening letters. Can you help me?

]]> By: Roberta Lynne Sherwood https://www.yourmortgageassistant.com/blog/how-to-get-an-affordable-mortgage/#comment-268 Mon, 12 Feb 2018 17:46:51 +0000 http://yma.effectxpress.wpengine.com/?p=40#comment-268 I don’t have the best credit…but NEED a home. Can you help?

]]> By: donna marshall https://www.yourmortgageassistant.com/blog/how-to-get-an-affordable-mortgage/#comment-267 Wed, 31 Jan 2018 15:02:44 +0000 http://yma.effectxpress.wpengine.com/?p=40#comment-267 how can i get help

]]> By: Alex https://www.yourmortgageassistant.com/blog/how-to-get-an-affordable-mortgage/#comment-266 Mon, 29 Jan 2018 18:03:58 +0000 http://yma.effectxpress.wpengine.com/?p=40#comment-266 How u can help ..? And I wanna buy the house I’m not good credit so

]]> By: Steven Ludwikowski https://www.yourmortgageassistant.com/blog/how-to-get-an-affordable-mortgage/#comment-265 Mon, 15 Jan 2018 18:14:56 +0000 http://yma.effectxpress.wpengine.com/?p=40#comment-265 Thank you for your knowledge.

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