Is Mortgage Insurance Really Worth It? If you’re considering a low down payment mortgage—less than 20%–you may have heard you’ll need to pay mortgage insurance (also known as MI, private...
New Changes to Low Down Payment Mortgages: What You Need to Know Recently, mortgage investor Freddie Mac clarified that it would not purchase certain low down payment loans that include lender contributions to the buyers’ down payment if they...
Agents: Serve first-time homebuyers well and everyone wins Kris Rosser Schmitt, Illinois based agent and managing broker at the Barbier Agency, has fueled her business with first-time homebuyers since 2001. Why? “As...
