Search results
Results From The WOW.Com Content Network
Mortgage insurance is an insurance policy that protects the mortgage lender, but the borrower is the one who pays for it. With mortgage insurance, the lender or titleholder is covered in case you ...
The basic FHA mortgage insurance program is Mortgage Insurance for One-to-Four-Family Homes (Section 203(b)). [24] FHA allows first time homebuyers to put down as little as 3.5% and receive up to 6% towards closing costs. However, some lenders won't allow a seller to contribute more than 3% toward allowable closing costs.
Its archetypal form, sometimes incorporating or implying the projection of rafters or trusses over the exterior of supporting walls, is the underside of eaves (to connect a supporting wall to projecting edge(s) of the roof). The vertical band at the edge of the roof is called a fascia. A soffit of an arch is frequently called an intrados.
Fascia (/ ˈ f eɪ ʃ ə /) is an architectural term for a vertical frieze or band under a roof edge, or which forms the outer surface of a cornice, visible to an observer. [ 1 ] Typically consisting of a wooden board, unplasticized PVC (uPVC), or non-corrosive sheet metal, many of the non-domestic fascias made of stone form an ornately carved ...
Bankrate knows that the two insurance types can be confusing, so our team of insurance experts put together this guide on what new homeowners need to know about mortgage insurance vs. home ...
A negative home report or deferred maintenance: If your roof needs repair or replacement and you have been avoiding it, or the initial home inspection showed that the electrical wiring is ...
Mortgage insurance (also known as mortgage guarantee and home-loan insurance) is an insurance policy which compensates lenders or investors in mortgage-backed securities for losses due to the default of a mortgage loan. Mortgage insurance can be either public or private depending upon the insurer.
For example, an insurance company is not likely to cover a 40-year-old roof on a replacement cost basis, since the roof is probably in poor condition and may be more susceptible to damage. Pros ...