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15vs30 PMI

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courtney091082
Regular Contributor

15vs30 PMI

Interest rates for 15 yr are lower than 30 yr right?
 
And, if I save 10% to put down with an FHA loan, do a 15 yr mortgage, then no PMI..right?
 
Just making sure Smiley Wink
 
 
 
 
9/1/2012 ...DRUMROLL .... EQ .. 776!!

I'm FINALLY a homeowner .. 10/24/12!!!!

My Cards ~~~GARDENING~~~ BNSF CU ($1000) BOA ($2500) Amazon / GE ($900) AMEX BCE ($2500) Chase Freedom ($3000) US Bank Cash + (7500)
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2 REPLIES 2
ShanetheMortgageMan
Super Contributor

Re: 15vs30 PMI

Yup & Yup Smiley Happy
Free Mortgage Advice & Pre-Approvals (FHA, VA, USDA, Fannie, Freddie, Non-Prime, Construction, Renovation/Rehab, Commercial) since 2002
Located in Southern California and lending in all 50 states
Message 2 of 3
courtney091082
Regular Contributor

Re: 15vs30 PMI

Perfect!!!
9/1/2012 ...DRUMROLL .... EQ .. 776!!

I'm FINALLY a homeowner .. 10/24/12!!!!

My Cards ~~~GARDENING~~~ BNSF CU ($1000) BOA ($2500) Amazon / GE ($900) AMEX BCE ($2500) Chase Freedom ($3000) US Bank Cash + (7500)
Message 3 of 3
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