In June 2006 I bought a house with an 80 / 20 loan. The 80 is @ 6.65 % and the 20 is at 8.1 %. Both rates are 30 year fixed. Also I gave K down including closing costs. My insurance and taxes are in escrow and included in my mortgage payment to Wells-Fargo. [...]
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Posts Tagged ‘insurance’
Can I rent my home if I have an FHA mortgage on it?
My home has been on the market for almost a year (OH is very slow market right now). I am considering renting it to offset my mortgage expenses, but am unsure if there are restrictions because I’m financed FHA that prevent that. Also, would I need to change my homeowners insurance?
Read More...Can I have my insurance and taxes taken out from my fha mortgage payment ?
I bought my first home with a fha mortgage loan. I wanted to know if there is any way I could have my insurance and my taxes not to be included in my mortgage payment?
Read More...FHA Mortgage?
We are refinancing to a FHA mortgage, and I have heard that they do not require PMI insurance, is this true?
Read More...What percentage of your income goes towards your mortgage payments?
If you don’t mind my asking, I’m trying to figure out what a reasonable percent of my income is to be going towards a mortgage payment. My partner and I make around 00 gross monthly, and I’m wondering what percent of that we could reasonably spend on a mortgage without getting in over our heads. [...]
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