Mortage Trends

Payment Estimator

Calculate your mortgage repayments:

Loan amount: $
Down payment: $
Annual interest rate: %
Term of loan: years
Total interest:
$
Monthly payment:
$
Is PMI always required on low-down home loans? | Print |

Is PMI always required on low-down home loans?

A growing number of private lenders are loosening up their requirements for low-down-payment loans. But private mortgage insurance, or PMI, usually is required on loans with less than a 20 percent downpayment. The Homeowners Protection Act states PMI must be dropped on any loan originated after July 29, 1999 IF it has a 78 percent loan-to-value ratio.
Questions about Katy - West Houston Real Estate?

Ask us below or Call us Now at (832) 814-8715
Last Updated ( Tuesday, 29 July 2008 )
 
< Prev   Next >

PRTEX_Logo

image63-17.jpg

Contact Information

Sanford & Seretha Sellers
Premier Realty of Texas
23930 Westheimer Parkway #120
Katy, Tx, 77494
Office: (281) 701-1573
Cell: (832) 814-8715
Fax: (281) 944-3933
SSellers@KatyDreamHomes.com
www.PRTexas.net
Lic. #: 0486459

Visit InHouston

Just Listed RSS Feed

See the newest properties as soon as we enter them in your favorite feed reader!

Don't worry about missing the right one... we make it easy for you!
RSS

FREE eNewsletter

Realtor ratings and reviews of Sanford Sellers

Syndicate this Site

Get the newest real estate Information from our site delivered right to your desktop!
eho_logo.jpg
© 2010 The Sellers Team Katy   Real Estate Websites - Free Real Estate Advice - Real Estate Marketing