As already mention, lender paid mortgage insurance is an option; however, the interest rate will be higher. Single premium buyer paid mortgage insurance is another option, if ... more
Please call Rich Mendoza, (925) 803-2465, rich@richmend ... more
The no cost option always has a higher rate and so they are never free.
What you need to do is compare the monthly savings on the loan with closing co ... more
It is better to consult with your accountant or CPA, so that you can get the accurate information and can file your taxes properly based on your income tax bracket.