How to avoid paying PMI. In some cases, it is possible to avoid paying private mortgage insurance. Here are some of the ways to do it: Put 20 percent down: If you put 20 percent down on a home ...

A VA loan can allow service men and women to qualify for homes they might have thought were out of reach. Read on to learn ...

Key takeaways VA loans offer many benefits such as no down payment or mortgage insurance, easier qualifications and lower interest rates. However, they also have drawbacks such as a required funding ...

Private mortgage insurance (PMI) ... (VA) are another no-PMI option. These mortgages, which are available to service members, veterans and surviving spouses, don’t require a down payment or PMI.

Not all mortgages are created equal. Learn the pros, cons and ideal use cases for today’s most popular home loans, so you can ...

No private mortgage insurance requirements Another big perk to VA loans is no private mortgage insurance (PMI). In most cases, when a borrower puts down less than 20% on a home purchase, they're ...

If you apply for a conventional loan and put less than 20% down, you’ll usually have to pay for private mortgage insurance (PMI) — a likelihood for many buyers, considering the average down ...

Doesn't require private mortgage insurance (PMI), regardless of equity Can have a loan amount up to 100% of the home's value in most cases Read More: Inside the VA Cash Out Refinance ...

Navy Federal’s VA loans include options with no down payment requirement and no private mortgage insurance. The lender can provide up to 100% funding on both VA and conventional mortgages.

In last month's Housing Finance Chartbook the Urban Institute showed how a recent surge in issuance of private mortgage insurance (PMI) had come at the expense of the Federal Housing ...

This article was first published on NerdWallet.com. Buying a home usually has a monster obstacle — coming up with a sufficient down payment. You can put less than the traditional 20% down ...

Buying a home usually has a monster obstacle — coming up with a sufficient down payment. You can put less than the traditional 20% down payment but the lender will likely require you to buy ...