Home Loan News
Making Finances Simple. Changing Lives.
Do you have clients who acquired an FHA Loan and the corresponding high mortgage insurance premiums? We can help eliminate that mortgage insurance.....
FHA Loans were originally designed to meet the needs of home buyers who either had low credit scores or a low down payment. In exchange for providing a "high risk" loan, FHA charges an upfront mortgage insurance premium and a monthly mortgage insurance premium (often over 1% of the original loan amount each and every year...ouch!).
There are many homeowners who still have these FHA Loans with high mortgage insurance premiums because they don't know there is a way out! That's where we can help you, help them.
You don't need 20% equity or a 20% down payment to avoid paying high mortgage insurance premiums. You can acquire loans with fantastic interest rates and no mortgage insurance.
Let us know if you have a client scenario you'd like us to review. We'd love to show you how you can be a hero for your client...and free up cash flow to invest more money with you!
Contact us with questions...we're here to help your business!