Tag Archives: Fha Loans

If you refinance your home into FHA loan and have 20% equity do you still need monthly mortgage insurance?

Sherry asked: With 30 year FHA loans the monthly MI is in place for the life of the loan. Kind regards, Geoff Johnston Mortgage Relief Specialist GovernmentRefinanceAssistance.com 480.219.0585 (direct) 760.888.8293 (fax) After finding the governmentrefinanceassistance.com web site I ask this … Continue reading

Posted in Renting & Real Estate | Tagged , , , , , , , , , , , , , | 5 Comments

Explanation of Mortgage Types – 5 Basic Loans

Anthony Frankson asked: Explanation: Mortgage Types – Fixed Rate MortgagesThe basic mortgage has always been the 30 Year Fixed Mortgage. With this type of mortgage you get an interest rate that stays the same (fixed) for the entire length of … Continue reading

Posted in Finance | Tagged , , , , , , , , , , , , , , | Leave a comment