

No Mortgage Insurance For Those With Less Than 20% Down – Where is Your Mortgage Plan?
As you can see this is a very normal purchase scenario and not a “special” type of financing for an exclusive club of buyers. What I love most about what this comparison shows is that the benefits are throughout the life of the loan. The benefits start at the loan’s inception with a payment that is fully tax deductible and by the end of the loan term you’ve saved $67,186 in PMI and interest payments. This would be what you call a win win. Some other added features are you can waive the impound account and this program can be used for refinances. We can also go above a $417k loan amount but not for the 25-year term.
For more information click on my name below to contact me and I can send you a breakdown cutomized for your loan scenario.
Mortgage Planner and Conduit
858-863-0264