Found 5 blog entries tagged as homeowner.

What is Private Mortgage Insurance?

Private Mortgage Insurance, or PMI, is an insurance policy that pays out to a lender in case a homeowner defaults on a mortgage.

The homeowner pays a monthly or one-time premium on their mortgage payments, but the lender is the one getting the protection.

PMI is usually requested for and arranged by the lender, and is offered by private insurance companies. Lenders usually request PMI if the homeowner wishes to put less than a 20% downpayment on the house, and usually require the policy to be in place until there is at least a 20% Loan-To-Value, or LTV ratio on the house. The LTV ratio is calculated simply by taking the value of a loan on a house and dividing it by the value of the house. For example, if a…

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Congratulations to Tony Vega and Adam Bronko on another job well done. We here at Tom Crimmins Realty wish the best for the previous homeowner, and we hope that your new home is the home of your dreams!

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Congratulations to Ross Buxbaum and Olga O'Connel on another job well done! We here at Tom Crimmins Realty wish the best for the new homeowners, and we also wish the best to the former homeowners of Burnside Avenue. We hope your horizons continue to expand and happy days await you at your new home!

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Congratulations to Renee Toto and Donna Magarino for another job well done. Congratulations as well to the owners on the sale of their property. We here at Tom Crimmins Realty wish the best for you and hope you find your new home to be the home of your dreams!

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Congratulations to the new homeowners of 10 Joseph Court. We here at Tom Crimmins Realty wish the best for you in your new home, and all the memories it will bring. Congratulations as well to Renee Toto and Donna Magarino on another job well done.

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