Mortgages & Financing

Definition Of Financed Mortgage Insurance

Mortgage insurance (MI) protects lenders against borrowers defaulting on loans. It is generally required by a lender on mortgages with a small down payment and is usually due monthly. For price … [Read more...]

Boston MA FHA Loan Program Guidance

FHA is a loan program where mortgage insurance is provided by the Federal government. Most major banks offer FHA program options. Although the program is often utilized by first time home buyers, it … [Read more...]