Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board


Thread: Tax Reform
View Single Post
Old 12-02-2017, 08:10 PM   #182
Ruffian1
Registered User
 
Join Date: Nov 2014
Posts: 843
Quote:
Originally Posted by elysiantraveller View Post
Conventional only.

Once LTV hits 80% mortgage insurance can be removed via request. By law it falls off at 78%.

FHA (3.5% down) and USDA RD (0.0% down) it stays on the life of the loan or until you refinance into conventional. MI rates are fixed though at .85% and .35% respectively. Also have up front mortgage insurance premium which is wrapped into the loan at 1.75% and 1% again respectively.
Which the vast majority of borrowers do not know along with all the other tricks of the trade.

That is why I posted what I did.

You OK with that?
Ruffian1 is online now   Reply With Quote Reply
 
» Advertisement
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 06:28 PM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.