Category Archives: Mortgage Insurance

Kentucky First Time Home Buyer Questions to Ask Your Lender?


Kentucky First Time Home Buyer Questions to Ask Your Lender? ∘ What kind of credit score do I need to qualify for different first time home buyer loans in Kentucky? Answer. Most lenders will wants a middle credit score of 640 for KY First Time Home Buyers looking to go no money down. The two most […]
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Kentucky FHA Loans Compared to Kentucky Conventional Loans


  Which Loan is better for you? Kentucky FHA Loans are good for borrowers who have the following: • Credit scores less than 680. • Less than 5% down payment and no reserves to use. • Borrowers with past foreclosures between 3 and 7 years old. • Borrowers with past short sales between 2 and […]
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Kentucky Rural Housing USDA Loan Changes for October 1, 2014 to Annual Guarantee Fee MI


Kentucky Rural Housing USDA Loan Changes for October 1, 2014 to Annual Guarantee Fee MI. via Kentucky Rural Housing USDA Loan Changes for October 1, 2014 to Annual Guarantee Fee MI.

Kentucky Private Mortgage Insurance or PMI


Kentucky Private Mortgage Insurance or PMI. via Kentucky Private Mortgage Insurance or PMI.

FHA Streamline Refinance MIP


FHA Streamline Refinance MIP (For Loans Endorsed Before June 1, 2009) If the existing FHA mortgage was endorsed prior to June 1, 2009, the mortgage insurance premiums have been “grandfathered”. Upfront Mortgage Insurance Premiums (UFMIP) For an FHA Streamline Refinance that replaces a loan endorsed prior to June 1, 2009, the new FHA mortgage’s upfront […]
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Kentucky FHA Single Family Mortgage Insurance: Annual & Up-Front Mortgage Insurance Premium Changes


Kentucky Single Family Mortgage Insurance: Annual & Up-Front Mortgage Insurance Premium Changes Please take note of some important changes to the FHA Single Family Annual Mortgage Insurance Premium (Annual MIP) and Up-Front Mortgage Insurance Premium (UFMIP). Decrease to Annual Mortgage Insurance Premium on Certain Streamline Refinance Transactions  For all SF Forward Streamline Refinance transactions that are refinancing […]
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Private MI or PMI for Kentucky Mortgage Loans?


Private MI or PMI for Kentucky Mortgage Loans?. via Private MI or PMI for Kentucky Mortgage Loans?.