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Tag: monthly pmi

Is PMI Still a Tax Deduction?

We continue to hear threats of axing the mortgage interest and PMI tax deductions.  So what is the latest? Low to Middle level taxpayers take their tax deductions seriously and want everything possible that will lower their tax burden or better yet, increase their REFUND.  The National Association of Home Builders estimates that deducting MI premiums […]
Lender Paid PMI Helps Lower Monthly Mortgage Payment

Lender Paid PMI or LPMI is a great way to potentially lower a home loan monthly payment. Let’s face it, everyone wants as low of a mortgage payment as possible!  No one says give me the biggest payment you can, right?  Well, one solution for receiving a lower mortgage payment is to use a product / […]

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Russell Smith | Branch Manager, NMLS ID# 78989 | Licensed in NC, SC, VA

ALCOVA Mortgage LLC | NMLS#40508 | (www.nmlsconsumeraccess.org) | 308 Market St SE, Roanoke, VA 24011

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