Forgotten Your Password?

Need to Register?

Michael Ross's Answers


What is the best way to avoid PMI without putting the full 20 percent down?
We have a couple of options to remove monthly MI.1. Use lender paid MI which is paid once up front by us and then you have no monthly MI.2. Offer two loans using 80/10 and have 10% down.Both options are credit score driven so we will need to review your credit and determine which fits your situation the best.Call...
How much would closing costs be on a $300,000 condo?
Closing costs should run about 4,800 including appraisal. Depending on Taxes you could see another 2,000 in impounds/escrows reserves. There can be other costs associated with HOA transfer etc.I am happy to provide a detailed fee sheet if you want to give me a call so we can discuss some particulars. ...

Subscribe to our news feed.