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TikTokpicnicloans
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Understanding the Pros and Cons of PMI in Real Estate Investing
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TikTokecommjess
0:22
I get so many questions about down payments. More is not necessarily better. The main reason people put 20% down is to avoid PMI (private mortgage insurance) being added to your loan. PMI is not the end of the world, and it doesn't cost as much as you think. The amount you pay in PMI depends on your loan amount and credit score, and it eventually drops off when you hit 20% equity. (Conventional loan) 20% down on a $350,000 home is $70,000! Plus you have closing costs. I don't know a lot of peopl
435.6K viewsApr 16, 2023
TikTokkorynealrealestate
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Understanding MI: What You Need to Know About Mortgage Insurance
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TikTokroa_lo
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Income Protection: Safeguard Your Home & Income
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TikTokcharlotte_themortgagemum
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If you bought a home and you have private mortgage insurance (PMI) here's how you can save yourself a couple of hundred bucks on it. This ONLY applies if you bought your home between 2020 to 2022 with a conventional loan and less than 20% down #privatemortgageinsurance #mortgage #homebuyingtips #firsttimehomebuyer #realestate #mortgagehacks #realestatetiktok
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TikTokwhatsamortgage_
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#insurance #pmi #privatemedicalinsurance #healthcare #employeebenefits
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TikTokdalenorth1
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A VA loan can make homeownership possible with 0% down, no monthly mortgage insurance, and flexible financing options. You earned this benefit. Let’s make sure you know how to use it. Ready to see what your VA benefit could do for you? Contact us and let’s run your numbers. 📲 Reach out today to get started: (678) 259-0205 👩🏼‍💻EllisMortgageTeam.com 🔑Licensed in GA, FL, TN, AL, NC, SC, & TX! Element Home Loans DeAnn Ellis Davidson Sr. Mortgage Consultant NMLS 148916 NFM NMLS 2893 120 Second S
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TikTokellismortgageteam
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