It depends upon how you want to borrow and pay off the money. be the way to go. A home equity loan is a fixed amount that you will borrow and will make monthly payments on over a set length of time.

No one wants to have to pay private mortgage insurance (PMI) on a. Avoiding PMI can cut down on your monthly payments and make your.

PMI with only 10% – San Francisco-based lender SoFi advertises home mortgages with a 10% down payment and no PMI – private mortgage.

30 Down Payment On House  · if we have a 30% down payment for a 250k house, will they still consider our credit? or just the income or still both? if they do still need to read Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

How to avoid PMI without 20% down. Private mortgage insurance helps home buyers purchase homes with less than twenty percent down but, despite its benefits, some consumers aim to avoid their PMI.

Down payment < 10 percent and good credit: advantage PMI Your credit score determines the cost of your PMI. With a FICO credit score of at.

So I ask you kind people of PF, am I out of my mind for thinking a loan exists where I can put down 10% and pay no PMI or is this not attainable in today's climate.

No PMI Mortgage Loan. Get Rid of Mortgage Insurance with No PMI Home Loans. We have helped thousands of people buy or refinance a home without paying mortgage insurance. A "no PMI mortgage" is a home loan that does not require the borrower to pay private mortgage insurance monthly.