Home Loans - Dispelling The Myths

Today I was digging for some info on ‘foremost insurance’ and came across the following paragraph:

First and foremost the myth that the only type of mortgage to ever consider is a 30 year fixed rate mortgage. … There are countless mortgage packages available to people with little or no down-payment, including many packages that combine loans in order to prevent your having t o pay PMI (private mortgage insurance)….

source: Home Loans - Dispelling The Myths, Gemimas Blog

I tried several more searches on ‘foremost insurance’ but after 10 minutes I got lazy, gave up and posted this entry to ‘dui record’. Still, I think it was an interesting exercise.

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