enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. How to get rid of private mortgage insurance (PMI) - AOL

    www.aol.com/finance/rid-private-mortgage...

    Key takeaways. Federal law requires a lender to cancel private mortgage insurance (PMI) on conventional loans when a mortgage term is at its halfway point, or when the mortgage balance drops to 78 ...

  3. Private mortgage insurance (PMI): What it is and how it works

    www.aol.com/finance/private-mortgage-insurance...

    Upfront: Another option is an upfront PMI payment, meaning you pay the full premium amount for the year all at once. Your monthly mortgage payment will be lower, but you need to be ready for that ...

  4. What is a mortgage? A definitive guide for aspiring homeowners

    www.aol.com/finance/mortgage-definitive-guide...

    Private mortgage insurance (PMI) is a form of insurance taken out by the lender but typically paid for by you, the borrower, when your loan-to-value (LTV) ratio is greater than 80 percent (meaning ...

  5. Broker's price opinion - Wikipedia

    en.wikipedia.org/wiki/Broker's_price_opinion

    A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser. A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO. A BPO can be either an exterior drive-by or a full interior report.

  6. Home Affordable Refinance Program - Wikipedia

    en.wikipedia.org/wiki/Home_Affordable_Refinance...

    PMI hedged the risk brought by the high loan-to-value ratio by offering insurance against foreclosure for whoever owned the "whole loan". Although HARP 2.0 allows homeowners with PMI to apply through the Making Home Affordable Refinance Program, many homeowners have faced difficulty refinancing with their original lender.

  7. Mortgage insurance - Wikipedia

    en.wikipedia.org/wiki/Mortgage_insurance

    PMI rates can range from 0.14% to 2.24% of the principal balance per year based on percent of the loan insured, LTV, a fixed or variable interest rate structure, and credit score. [2] The rates may be paid in a single lump sum, annually, monthly, or in some combination of the two (split premiums).

  8. How to remove mortgage insurance on an FHA loan - AOL

    www.aol.com/finance/remove-mortgage-insurance...

    With a conventional loan, you’ll need to pay PMI if your LTV ratio is 80 percent or less — and that PMI could be pricier than your FHA MIP. On the other hand, if refinancing reduces your ...

  9. Property condition assessment - Wikipedia

    en.wikipedia.org/wiki/Property_condition_assessment

    Property condition assessments (PCAs) (also known as the property condition report, or PCR) are due diligence projects associated with commercial real estate.Commercial property and building inspections are important for clients seeking to know the condition of a property or real estate they may be purchasing, leasing, financing or simply maintaining.