Jeanie S asked:


If you don’t put down 20% on a home loan you must pay Private Mortgage Insurance. So with all these loans going belly up why did ppl pay this and who took the money?

Erin

Duke asked:


aparently when I redid my loan with my mortgage company last year, due to the type of loan or whatever, home insurance was no longer part of the monthly premium as I thought it was. now I have found that the home insurance lapsed as of 12/05/05. i need to find a insurance company that will work with me on getting insured again.

Ben

Amos&Asher=MyBoys asked:


why is this?
we have to have a 6% assist and 3.5 percent down, which is fine but why do we need this on top of the mortgage, taxes, and insurance?!
we are buying our first home from my mother in law for 90k and the home is worth 160k so we are deff making out good but whats up is this a scam?
app by bank of america by the way.

Judy

Ernat asked:


I am looking to buy a home and because I am putting less than 20% down I was told I have to pay private mortgage insurance, I am wondering what is the calculation in order to determine what my monthly payment of pmi will be for a loan of $115, 000.
http://calendar2010.cn/health-insurance.html
http://calendar2010.cn/health-insurance.html
http://calendar2010.cn/health-insurance.html

Caroline

FromTheTop asked:


Right now, my mortgage is in my name only. My loan is for about 74k. I work as an insurance agent, and am doing pretty well for a rookie. I am on my way to making about 50k this year in my first year. The home I am wanting to buy is about 145k. What are the chances I will qualify? What can I do to help qualify? I have no credit cards. I owe 10k on a jeep, and about 15k in school loans, and about 5k in other miscellaneous loans. My wife makes about 12-15k a year.

PATRICK

bluebell asked:


10% down, good credit, its there Mortgage Insurance ?
or 20% down

Truth asked:


Presuming the couple has no kids, earn a combined 80,000, and only has bills like school loans, car insurance, and daily living expenses of about $600/monthly.

You don’t have to factor in this information. You can state what you want based on what you believe is an ideal mortgage payment. Just need a clue. We would like a brand new home ideally between $170-250k.

Please share any info. you may have.

Thanks

ALBERT