Scott’s Perspective Just about a year ago, I had the distinct privilege of listening to a gentleman who is quite inspiring. You see, I am involved in a national coaching program for mortgage professionals, and we have two retreats each year. Jesse Itzler spoke at our fall retreat and challenged all of us to live …
As you begin to consider purchasing a new home one of the first things you should do is get an idea of what “the numbers” will look like. Ultimately the 2 most important numbers will be (1) the monthly payment and (2) how much money you will need at closing, but there are a lot …
PMI Deduction In 2020 If you obtain a new home loan with PMI (private mortgage insurance) in 2020 you might be able to deduct the cost of the insurance on your tax return. The rules are just as complicated as most other tax laws, so you should consult a CPA for guidance. What is PMI? …
Convert your adjustable to a fixed rate When you bought your home originally or refinanced your home the last time, you most likely predicted that you would be moving prior to the expiration of your initial fixed rate period on your adjustable rate mortgage. Or because the rate was much lower at the time, it …
