Mortgage Insurance Explained And How To Eliminate It

Erik Sandstrom

Mortgage Expert - Call 1-619-379-8999
Staff member
Loan Safe Mortgage
Jan 14, 2011
2,060
162
63
San Diego, California
www.loansreduced.com
Hey everyone,
I recently made a video on how to price out mortgage insurance yourself if you're in the market to buy a home or refinance (with less than 20% down) and wanted to share that with the LoanSafe community.

When you speak with loan officers that offer different mortgages, this is one of the least spoken about topics and is a great way to make a monthly payment more affordable instantly. I personally did it on my house because I assumed that interest rates aren't going to be getting any lower, at least for a long period of time. I also knew that I was going to own the property for longer than 3-4 years so buying out the mortgage insurance has saved us easily 200/mo and will continue to save us more over time.

If you have any questions on this, please of course feel free to ask me: [email protected] or 619-379-8999.

 

Erik Sandstrom

Mortgage Expert - Call 1-619-379-8999
Staff member
Loan Safe Mortgage
Jan 14, 2011
2,060
162
63
San Diego, California
www.loansreduced.com
Very welcome!! There are so many unknown options because they're just never spoken about but still should be considered.