Securing a residential loan can feel like navigating a complex maze, but it doesn’t have to be! Understanding the different kinds available is key to getting the best rate for your individual situation. This comparison explores several key aspects to consider, including fixed versus changing rate options, charges, and the total expense of borrowi
Escape LMI: Strategies to Evade Lender's Mortgage Insurance
Buying a home is an exciting milestone, but the costs can quickly add up. One expense that often catches buyers off guard is lender's mortgage insurance (LMI). This extra fee protects lenders in case you default on your loan. Praisefully, there are strategies to avoid LMI altogether and save your money in the long run. First, consider putting