You have to put 20% down in order to avoid PMI. Once you reach having 20% equity in the house, the PMI will drop from your payment. For example the purchase price is 130,000 you will need a down paym… (View Post)
I am surprised that they still went forward with the schedule closing if no one was sure of the loan or not. But I am happy for you!!! Glad you found a house and closed! Have fun unpacking and decora… (View Post)
I also kept checking to see how your inspection went. Glad it passed with flying colors!!! Now if you can get the loan officer to do her job, you will be doing great :) (View Post)
Excel also has a great loan amortization calculator. We automatically add a little each month and this little bit extra we add each month will cut off 2 years of our loan. Some months we might add mo… (View Post)