No Monthly Mortgage Insurance payments!

No Monthly Mortgage Insurance payments!

Most Home mortgages require some sort of insurance (also known as PMI) added to you monthly payment if less than 20% placed as a down-payment on the loan.  This is for the Lender and the risk assessment.  VA is the exception and has No ‘monthly’ mortgage insurance with the benefit of 100% financing. This is a great benefit to many Oregon Veterans looking to purchase a primary residence in the state.  Veterans with disabilities may qualify be able to have the VA funding fee waived as well

CATEGORY: VA Loans

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