first home

Bildo:
The guys are coming up with a lot of good ideas.
See if PMI( Private Mortgage Insrance) applies to your purchase by your lender. In Maryland, you have to pay PMI unless you put 20% down.PMI offers the home owner no protection- it goes to the lender to cover his risk.Avoid PMI or at least understand what it is.A good lender can arrange help around this issue. If this is not understood. PM me and I'll offer some of my experiences. The company I work for built and sold over 36,000 homes last year. Mortgages and lenders are trickey. There can be a lot of hidden charges.My company is ethical- many are not.
Don't mind helping any member.
Malone
 
if i come up with any questions as i go through the process i will pm you, thanks for the help.