Securing a residential loan can feel like navigating a complex maze, but it doesn’t have to be! Grasping the different kinds available is key to securing the best terms for your individual situation. This review explores several key elements to consider, including fixed versus variable interest options, charges, and the total price of borrowing.
Escape LMI: Strategies to Neglect Lender's Mortgage Insurance
Buying a home is an exciting milestone, but the costs can quickly add up. One expense that often catches buyers off guard is lender's mortgage insurance (LMI). This extra fee protects lenders in case you default on your loan. Fortunately, there are methods to avoid LMI altogether and save yourselves in the long run. First, consider increasing