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RE: Would you swap to a conventional loan if you could ditch PMI sooner?
- I get the urge to refi just to kick PMI, but honestly, the fees and paperwork are a massive headache. - One thing I’m not sure about - if you refinance, aren’t you basically resetting your mortgage clock? That could ...
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RE: What Is a Balloon Mortgage? Worth It or Risky?
Not sure I totally agree. I get that predictable is nice, but balloon mortgages can work if you know you’ll move or refinance in a few years. Lower payments upfront helped my friend save for renovations. It’s definitely ...