Loans

June 25, 2018

Can you stop paying Private Mortgage Insurance (PMI)?

Usually people that make a down payment of less than 20% are required to pay private mortgage insurance by their lender. Once you reach 20% equity, […]
June 25, 2018

Is any loan interest tax deductible?

These interests are deductible, some fully, some partially: Education-related interest Business interest Investment interest Mortgage interest
June 25, 2018

How does a reverse mortgage work?

A reverse mortgage is a way for you to take advantage of some of the equity that is currently tied up in your home. A reverse […]
June 25, 2018

What disclosures should I get from my lender?

The lender is obligated by the Truth in Lending Act to provide you with a written statement with a list of all of the costs associated […]