Private mortgage insurance, also called PMI, is a type of mortgage insurance you might be required to pay for if you have a conventional loan. Like other kinds of mortgage insurance, PMI protects the lender—not you—if you stop making payments on your...
Here at Heartland Credit Restoration, we are proud of the amount of communication we offer, not just to our customers, but to the bankers and real estate agents our customers are working with as well. Communication on Two Sides As a credit restoration company, on the...
Private Mortgage Insurance (PMI) is insurance required by the lender to protect the lender. PMI is generally required if you put more than 80% of the price of a home on your mortgage. This happens if you do not have atleast a 20% down payment to put on your new home....
Re-establishing your credit is one of the most important parts of building good credit. Many people who have experienced bad credit tend to avoid credit of any kind when working to fix their score. In the grand scheme of things, not having any credit is actually more...
A large part of bad credit stems from not paying back loans on time or missed credit card payments. Making these payments on time is also a great way to build your credit. If you are unable to make your payments on time, try taking these actions to avoid penalties:...