Yes, it will help you obtain a larger loan, here’s why. Let's say that you are a family with $42,000 Annual Gross Income and monthly revolving debts of $800 for car payment and credit cards, and you have $10,000 for your down payment and closing costs on a 7%-interest mortgage. Without PMI the maximum price you can afford is $44,600, but with PMI covering the lender's risk you now can buy a $62,300 house. PMI has afforded you 39% more house.
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Read Testimonials HereWe've been helping customers afford the home of their dreams for many years and we love what we do. We've always said your success as a client is outsuccess as a company.
Company NMLS: 1338309
www.nmlsconsumeraccess.org
1881 E Commercenter Dr.
San Bernardino, California, 92408
Phone: (714) 395-9354
funding@hotmail.com
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