ARCHIVED BLOG POSTS
2015
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8
Comments
HUD has cut the mortgage insurance rates for FHA loans. With 3.5% down, the current annual rate is 1.35%. As of January 26, 2015, that rate will go to .85%. What a great savings of .5% for home buyers! On the average $175,000 purchase, that is a savings of $71.60 PER MONTH! This bold move wi...
01/15/2015
10
Comments
I am SO excited to tell you about this new low down payment home loan! We are one of very few lenders in our area to roll out this new Fannie Mae loan program which features only 3% down. This is a great product which is a huge alternative to FHA loans which have the really high mortgage insura...
01/09/2015
www.peggyloans.com Peggy Wilson, Michigan mortgage banker offers useful tips for daily living. She explains different loan programs, translates mortgage guidelines into understandable language and helps Realtors get their deals to the closing table with the least amount of hassle.