From knowing the best real estate agents in town to giving you the best possible advice about your financial goals, we understand how to help you buy a home. We promise to provide you with a positive loan experience from the moment you submit your application. I am always here to explain all the variables and answer any questions you have.
Depending on the loan you choose, you may discover that you will need PMI, or Private Mortgage Insurance, to secure your mortgage. If your down payment for a home is less than 20%, many lenders require that you purchase PMI. This will protect the lender if you are unable to pay your mortgage. In other words, PMI guarantees your lender will be paid if you default on the loan. The benefit to you is that PMI allows one to purchase a home without putting down 20%.
If you aren't able put down 20%, I can offer you a variety of options that may work. Let's talk through all your opportunities before you decide on the type of loan that is right for you. Call me today!