rural housing: Mortgage Insurance Alternatives - 03/31/11 09:31 PM
I found the following article about mortgage insurance alternatives on the website MortgagesExplained.net. I received permission from the author to post it. It is one of the most comprehensive articles that I have found on alternatives to mortgage insurance.
If you are like most home owners you hate the idea of your hard earned money going down the drain with monthly mortgage insurance payments. And with so many homeowners defaulting on their mortgage payments over the last few years (google “housing crisis 2008 to 2011“) private mortage insurance companies and FHA alike have raised their premiums for the monthly mortgage insurance payments.
(1 comments)

rural housing: 7 Benefits of Using a Rural Housing Loan to Finance Your Cache Valley Utah Home Purchase - 01/07/11 06:55 PM
Recently, the Rural Housing mortgage program received more government funding. The purpose of this article is to highlight several of the wonderful benefits of the Rural Housing Loan for Cache Valley and some of the surrounding areas of Logan, Utah.
The Rural Housing Loan allows 100% financing. The Rural Housing mortgage is one of a few mortgage programs left that allow a borrower to purchase a home in Cache Valley, Utah with no down payment. This allows the borrower to keep some of their money in their bank accounts for a rainy day fund. The Rural Housing Loan does not require monthly mortgage insurance. Besides … (2 comments)

 
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John Neil

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