Tag Archive

LPMI, PMI and 80/20 Mortgages…Oh My!

By Rhonda Porter

Note:  I should have titled this post:  ”LPMI, PMI and Piggy Back Mortgages…Oh My”.  I just realized my error thanks to Bill’s comment.   My bad…my apologies!  And there’s no way for me to 80/20 in the title.  LPMI (Lender Paid Mortgage Insurance) is one of my favorite mortgage products to use for clients with less than... »

It may not be your business…but it is all mine!

By Rhonda Porter

Two years ago, our company switched our loan operating system to Encompass, so I have data available for the past two years (closed transactions from March 2005 – March 2007).   I’m pretty surprised at the results after analyzing my purchase transactions and so thought I would share this with you. Mid Credit Scores 3% had credit... »

It’s Friday…Mortgage Rates are unchanged (for now)

By Rhonda Porter

Rates are unchanged from last Friday. The rates are based on a purchase price of $500,000 with 20% down and a credit score of 680 or better and are priced with a 1% discount. Every day, I’m receiving updates on guidelines from the varioius lenders we work with. Last night at 7:00... »

Subscribe to RCG


TopOfBlogs

Recent Comments

Recent Trackbacks