Negotiating Terms Resource Center

Welcome to the Mortgage Daily Resource Center! Here, you’ll find everything you need to know about the mortgage industry, all in one convenient location.

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Sale of a Home: Closing and Funding

Sale of a Home: Closing and Funding

When selling a property, it may be surprising to learn that the precise minute the money is deposited into your account is unexpected. Whether your buyer pays in cash or with a mortgage, the sale of your house can only finalize with the purchase...

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Sale of a Home: Closing and Funding

How to Select the Best Type of Refinance Program for You

Which refinancing loan is optimal for your circumstances? When deciding to refinance, you may be surprised by the variety of refinance loan options available. Your optimal refinancing strategy will rely on variables such as: The sort of current...

FHA Mortgage Insurance Cancellation: Eliminate PMI or MIP

FHA Mortgage Insurance Cancellation: Eliminate PMI or MIP

How Can I Cancel My FHA-Insured Mortgage? The FHA mortgage insurance premium (MIP) is temporary, despite what you may have heard. Some homeowners can allow their mortgage insurance to lapse, while others must refinance to eliminate it. With...

Sale of a Home: Closing and Funding

How to Remove FHA MIP or Conventional PMI

Eliminate Your Premium Mortgage Insurance Permanently PMI is a significant expense for homeowners, averaging $100 to $300 monthly. Fortunately, you are not permanently bound to PMI. There are several options to eliminate PMI and reduce your monthly...

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