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Mortgage

Is it True | Are Mortgage Insurance Premiums (MIP) Deductible?

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Is it True | Are Mortgage Insurance Premiums (MIP) Deductible?

The short answer is yes, but there are some restrictions. Mortgage insurance premiums (MIP) are typically required for borrowers with a down payment of less than 20% of the purchase price of their home. MIP is designed to protect the lender in case the borrower defaults on their mortgage. Which MIP Premiums are Deductible: You … Read more

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Do You Know | Can Mortgage Be Paid With Credit Card?

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Do You Know | Can Mortgage Be Paid With Credit Card?

The short answer is yes, but it is not always a good idea. There are a few things to keep in mind if you are considering paying your mortgage with a credit card. Pros and Cons of Paying your Mortgage with a credit card: Pros: You may be able to earn rewards points or miles … Read more

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