When you're applying a mortgage, the idea of Private Mortgage Insurance (PMI) can feel pretty confusing. It's a mandatory fee for borrowers who put down less than 20% on their property. But how much PMI can you really anticipate? The sum varies depending on several factors, including your credit score, the loan amount, and the variety of loan yo… Read More

When applying for an FHA or VA loan, it's essential to know about lender overlays. These extra requirements can affect your potential to qualify. Lender overlays vary widely, so thorough research is crucial. Learn about common lender overlays, such as credit score expectations, debt-to-income ratios, and loan-to-value.{ Sh… Read More