September, October, and November are prime apple months. You can buy them at the Farmer's Market, grocery store, or local orchard (picking your own is always a great activity or just by the ones
WHAT IS PMI PRIVATE MORTGAGE INSURANCE
If you are purchasing a home and your down payment is less than 20% most lenders require PMI.
Your premium is based on your credit score
Mortgage insurance helps the buyer to get a mortgage, but it protects the lender.
Once the LTV (Loan to Value) ratio drops to below 78%, borrowers can request that monthly PMI payments be eliminated.
There are 4 types of PMI
Borrower Paid - Most common, paid monthly until 22% equity in your home based on the original purchase.
Single Premium – This is an upfront lump sum payment
Lender Paid – This paid by the lender in the form of a higher interest rate
Split Premium – Least common, this is a hybrid of the first 2 types, borrower pays part upfront in a lump sum and part monthly
I am an experienced Realtor working in the Greater Hudson Valley Region which includes both Rockland and Orange County. My goal is to make my client's real estate experience a happy one. Because succe....
Latest Blog Posts
Fabulous contemporary 5 bedroom, 4 full and 2 half bath home. Open concept layout is perfect for large family and friends gatherings. Cathedral 12'ceilings, crown moldings, no expense spared! Very
The Blauvelt Son’s of Italy will hold their tenth annual Italian Feast & Carnival at the Masonic Park Fairgrounds, 98 Western Highway, Tappan from September 12th-15th. Hours for the festival