Private mortgage insurance can be paid in a few different ways – annual, monthly, and single premium are the plans. Your premium will be determined by the amount and terms of your mortgage. With an annual plan the initial premium will be collected at closing for the year and then monthly payments will be collected with the mortgage payment after. Monthly plans have buyers pay 1 or 2 months up front and then add the monthly payment into their mortgage. Single premium plans require that the buyer pay the entire premium at the closing. Many people choose to do this and then add the insurance premium into their loan so they can increase the interest deduction.

More Anchorage Mortgage.com Insurance Information:

• 12 ways to save money on home owners insurance
  
• Flood insurance
  
• Homeowners insurance
  
• Issuance of title insurance policy
  
• PMI cancellation
  
• PMI payment options
  

• Anchorage
  
• Juneau
  
• Fairbanks
  
• Wrangell
  
• Kodiak
  
• Kenai
  
• Homer
  
• Ketchikan
  
• Dillingham
  
• Nome
  

Anchorage Mortgage.com often helps new home buyers purchase the home of their dreams buy using one or more of our first time home buyers programs. These programs include exclusive loan products that allow home buyers to have a low down payment, FHA which offers a low interest rate, and MCC which gives home buyers a reduced tax break.

We can finance any and all Anchorage First Time Home Buyers regardles of credit, whether or not you can cover a down payment. Don't worry, call and we'll handle everything for you.

Did you know that you could be eligible for a 100% loan to value ratio? This means no out of pocket cash for a down payment.

Anchorage Mortgage.com offers hundreds of low down payment mortgage options for Anchorage real estate.

Save money? Lower your payment? Get cash out? Lower your rate?
These are just a few benefits of refinancing and taking advantage of the record breaking low interest rates.
Couple that with:

• No cash out of pocket
  
• No closing costs
  
• No hidden fees
  
• No points
  
• No stress
  

And you see why 90% of our business is from repeat and referral clients.

Call today and speak with the Anchorage Mortgage Brokers of choice,

Anchorage Mortgage.com