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Keys to picking the right real estate agent

Home Buying

How to Find a Real Estate Agent – Interview with Ben Pridgeon

June 1, 2022

MyMortgageInsider.com was able to sit down with Ben Pridgeon of The Pridgeon Group and discuss how home buyers can find a quality real estate agent.  Ben goes into detail about […]

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Getting free money to buy a home in Arizona

Home Buying · News

Arizona’s “Home In Five Advantage Program” = Free Money

June 1, 2022

If you’re looking to buy a house in Maricopa County, Arizona, and you’re coming up short on your down payment, there’s help. The Home in Five Advantage Program offers a […]

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Hazards that can affect the value of a home

Home Buying

Chinese Drywall & Invisible Home Hazards: Pro Home Inspector Q&A

June 1, 2022

MyMortgageInsider got the inside scoop about invisible hazards in the home. Licensed home inspector John M Acaron, CHI of HomeInspectorUSA talks about Chinese drywall, mold, and more. MMI: What is […]

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Total cost of LPMI and PMI after 10 and 30 years

Conventional Loans · FHA Loans · Home Buying · Private Mortgage Insurance

When Lender Paid Mortgage Insurance Makes Sense

June 1, 2022

More and more borrowers today are looking for ways to finance their home purchase without making a full 20% down payment. As FHA continues to increase fees, many are turning […]

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What happens during the home inspection?

Home Buying

Home Inspection Q&A with Reuben Saltzman

June 1, 2022

MyMortgageInsider asked ASHI-certified home inspector Reuben Saltzman all about home inspections and why they are important. MMI: Hi Reuben. Looking at your website, you have a ton of knowledge about […]

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Buying a home in today's housing market

Home Buying · News

Buying a House: Never More Affordable Than Right Now

June 1, 2022

The National Association of Realtors House Affordability Index for 2012 hit an all-time high of 193.5, which eclipsed the previous record of 186.4 for 2011. Unlike interest rates and home […]

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Using HARP for an underwater home

HARP · HARP 3.0 · News · Refinance

HARP 2.0 & Underwater Mortgage Refinance Options

June 1, 2022

Editor’s Note: The HARP program expired December 31, 2018, and a popular replacement option, the Freddie Mac Enhanced Relief Refinance (FMERR) loan expired September 30, 2019. However, Fannie Mae’s High […]

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How does a reverse mortgage work?

FHA Loans · Home Buying · Refinance

Reverse Mortgage Basics

June 1, 2022

Quite simply, a reverse mortgage is a loan that pays the borrower instead of the borrower paying the loan. Also known as a Home Equity Conversion Mortgage, or HECM (pronounced […]

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How to avoid permanent FHA mortgage insurance

FHA Loans · Home Buying · News

Time is Running Out. Avoid Permanent FHA Mortgage Insurance.

June 1, 2022

As of June 3, 2013, all new FHA loans will undergo some significant changes that could cost homebuyers a lot of money. The change is one of the most dramatic […]

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When should you lock in on mortgage rates

Ask Tim · Mortgage Rates

I’m Pre-Approved. Should I Worry about Rates?

June 1, 2022

Tim has been in the mortgage industry for more than 11 years as a loan originator and mortgage processor. He’s answered just about every kind of mortgage question over the […]

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