When can I remove private mortgage insurance (PMI) from my home loan?

removing private mortgage insurance

If you were unable to purchase your home with 20% down payment, or refinance with less than 20% equity, it is likely that your mortgage program required you to pay private mortgage insurance or PMI, in addition to your monthly mortgage payment. There is a standard way to remove PMI, or you can request to have it removed earlier.

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Should I Build A New Home Or Buy An Existing Home?

For many people there is no replacing the feeling of being the first to live in a brand new, energy efficient home, while others want a home with character and a landscaped backyard with established trees.

Whether you sit firmly on one side of the fence, or are keeping your options open, we compare the pros and cons of buying a new home with an existing, older home.

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How to Buy a New Construction Home

new home contruction loan

New construction homes are not just for the mega rich. While the idea of buying a plot of land, hiring an architect and construction company, can be seen as an overwhelming endeavor, there are alternative options for those who want to be the first to live in their new home. Affordable turnkey new homes, ideal for first home buyers and growing families, are going up in desirable neighborhoods throughout the country.

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3 Tax Advantages of Buying a Home Before the End of 2016

real estate tax deductions for 2016

The end of the year is a great time of year to purchase your first home, move to a more desirable neighborhood or school district, or for those empty-nesters, down-size to a more manageable home. In addition to locking in still low interest rates, here are three ways buying a home before the end of 2016 could reduce the amount of tax you pay in 2017.

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New Starkey Mortgage Blog

Welcome to the new Starkey Mortage blog. Here you will find information on the tpyes of mortgage options for first-time home buyers, experienced home buyers, refinancing your home, buying a fixer-upper home and renovating it to your specifications, building a new home, and lots more.

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