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Maybe you do not have to pay MI anymore!

 Mortgage insurance adds a lot to your monthly housing expense. With the recent uptick around the San Francisco Bay Area with property values it might be time to explore if you can refinance to eliminate the monthly mortgage insurance.  I had an instance where the interest rate on the refinance was one eighth higher than...
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5% down with NO MORTGAGE INSURANCE

That is right!  You can get a loan with 5% down and have no mortgage insurance payment which sometimes can be $300-$500 a month in addition to your mortgage payment.  By adding to the interest rate to cover the mortgage insurance (called LPMI/Lender paid mortgage insurance).  When doing the math for past clients most of...
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Review of your homeowner’s insurance

The end of the year is a great time to get with your insurance agent to review your coverage It is common when a homeowner does a major remodel or addition not to review  coverage to increase their coverage in case of loss. Review every category because the cost to rebuild may have increased in your...
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