The Main Factors That Determine How Much House You Can Afford
Figuring out how much house you can afford isn’t just about the maximum mortgage a lender approves. While preapproval sets an upper limit, true affordability depends on how that monthly payment fits into your overall finances and long-term plans. A home that looks affordable on paper can still stret
How to Request PMI Removal From Your Mortgage
Private mortgage insurance (PMI) is an added monthly cost required on many conventional mortgages when a borrower puts down less than 20%. While PMI helps protect the lender—not the homeowner—it isn’t meant to last forever. Once you’ve built enough equity in your home, you may be able to remove PMI
Home Warranty vs. Home Insurance: Do You Need Both?
Key takeaways: Home insurance covers damage to your house and personal belongings due to unexpected events. A home warranty covers repairs and replacement of appliances and systems due to normal wear and tear. Having both home insurance and a home warranty is strongly recommended, but only home i
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