(971) 221-8525 vincekingston@eaglehm.com

Hate paying mortgage insurance?

So do we.

Don’t Get Locked In

Most lenders will tell you that mortgage insurance is required with less than a 20% down payment. This locks you into a higher monthly expense and can be difficult to remove in the future.

There Are Other Options

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There are specialized mortgage programs that allow you to buy a home with as little as 3% down payment with no mortgage insurance. This can help you lower your monthly housing expense and increase what you qualify for.

You May Qualify

These low down payment/no mortgage insurance programs work best with borrowers with good credit scores. Contact us in the form below to find out if this strategy would work for you.

Why should I finance without it?

 

  • To increase affordability
  • Help¬†lower your monthly housing expense
  • In some cases you may qualify for a higher loan amount
  • Simplifies the financing process

Find out how to finance your house & ditch the insurance