Friday, June 10, 2011

FHA is no longer the only option for low down payment buyers!

FHA is no longer the only option for well qualified borrowers. We now have risk based single premium mortgage insurance available that can save well qualified borrowers thousands of dollars! Risk based mortgage insurance calculates a premium that is unique to each situation, so well qualified borrowers can save a lot of money. Click here to view a brief video showing an example comparing risk based mortgage insurance with FHA insurance for a $200,000 purchase.